GIVbacks recirculation review

[wmb81321]

Objetive

Truslabs did some data analysis on the restuls from an old GIVbacks round (53), We want to review that data and evaluate if things they are making sense & we would like to pay them to give us data like this each round with GIVBacks and with QF (kind of hard extra work on QF).

Considerations

• When we spoke with Trustalabs about making some agreement to get their support here, the agreement would be like... some kind of $5k or so set up fee + they want GIV for each round... bascially 5% of whatever we send out to donors post-analysis
• With the data we get back from QF from them, it's honestly been really challenging because we haven't been able to just take the clusters "at face" value and then have to re-check everything on chain and veriify them & make judgement calls
• Lauren is setting up a call w/ everyone for June 3 where Griff can walk us through what he does for review,

Resources

• Drive GIV Reciculation GIVbacks R53

This document provides an analysis of the 53rd round of the Givback project’s recirculation fund screening.

• It identifies suspicious donation transactions within a three-month period, categorizing them into closed-loop and open-loop fund recirculations.

1.**Closed-loop fund recirculation:**This occurs when funds move from a donor to a project and then circulate back to the donor, potentially through intermediary addresses. It forms a circular flow, with funds returning to the origin.

2.Open-loop fund recirculation: This involves tracing funds from suspicious or known addresses (the “purple list”) to donors, where the funds originate from these addresses but do not necessarily return, creating an open-ended flow.

• The document outlines the methodology for identifying these patterns, explains the working process, and describes the deliverables, including visual plots and detailed transaction information. The analysis aims to flag suspected transactions and provide insights into the fund flow paths for better oversight and transparency.

To download

• GB_Round53.zip - all the spreadsheets and files are in the zipped thing there that Truslabs sent us

• Givback_Round_53_POC__Instruction.pdf - effectively explains how to read & understand the data,