The “donation eligibility” criteria is in the giv-earth guide here. The “specified threshold” in this round for passport was 5. Here’s a screenshot of the rest:
COCM, to simplify, groups togethers donors with the same donation pattern, so that the most matching funds go to projects with the broadest, most diversified community support. So you could, as a project owner, encourage your community to support your project and other projects they care about too, so that they’re more likely to have a “unique” donation pattern.
You can learn more about the way COCM works in this Cluster Match QF Announcement. There’s also a nice link to a GreenPill episode where they talk more about how it works. You could also check out this repo with the algorithm used to calculated the distribution. The first time we used this was during the Galactic Giving round.
So these numbers that Kieran shared are basically comparing the matching funds that projects got using COCM vs. what they would have gotten if the matching funds were calculated via “normal QF” (the calculations we used prior to Galactic Giving/the older system). This is meant to inform and teach a bit about the effect of the new algorithm.
We actually didn’t “increase” or “decrease” any projects’ matching funds… just the COCM algorithm leads to “increased” or “decreased” results, when compared to the results from the old algorithm.
COCM is an iteration on QF matching calculation that is being used by Gitcoin and Giveth now because of number benefits including: dampened effects of sybils attacks & collusion, more democratic distribution of matching funds across projects, and decreased turn-around time for data analysis and matching funds distirbution, and we are super excited about it because it enables Giveth to run bigger QF rounds with larger matching pools, more sponsors, more chains & networks - all of which was never possible before.
Actually, it’s because of COCM that we were able to run this QF round on Celo at all, and we are excited to be able to support more projects through even more and bigger QF rounds into the future!