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Allo Protocol

avoid.net/allo-protocol→57/100·72% conf.
[AI-DRAFTED · AWAITING VERIFICATION]

Auto-generated score, not yet verified against the scoring model. Under review — treat as indicative, not a verdict.

anchored·5ctGtx…pLve

Summary

Allo Protocol is an open-source, EVM-compatible smart contract framework for on-chain capital allocation, developed by Gitcoin and launched on Ethereum mainnet in November 2023. It served as the underlying infrastructure for Gitcoin Grants Stack from 2023 through May 2025, when Gitcoin's software division (Grants Lab) was shut down due to financial constraints, placing Allo in maintenance mode. No fraud allegations, regulatory actions, or security exploits have been publicly documented against the protocol itself.

Connected Entities

1 entities
Protocols
⌂Allo Protocol
Relationships
    Have evidence about Allo Protocol?

    Timeline(8 events)

    2017

    Kevin Owocki founds Gitcoin, the parent organization of Allo Protocol, with support from ConsenSys.

    IQ.wiki - Gitcoin

    May 2021

    Gitcoin launches the GTC governance token with a 100 million total supply, distributing 15% via retroactive airdrop.

    CoinMarketCap - Gitcoin

    2023

    Gitcoin introduces Allo Protocol publicly as a generalized, open-source capital allocation protocol separate from its grants-round infrastructure.

    All About Allo: Gitcoin's newest protocol

    10 November 2023

    Allo v2 launches on Ethereum mainnet and multiple L2 networks including Optimism, Arbitrum, Celo, and others.

    Binance News — Gitcoin Launches Allo v2

    March 2024

    GTC token reaches an approximate all-time high of $2.37.

    CoinMarketCap - Gitcoin

    25 April 2025

    Gitcoin announces it will sunset Grants Stack and close Grants Lab business unit by May 27, 2025, citing annual operating costs over $3 million against approximately $1 million in revenue.

    Gitcoin on X / Gitcoin Governance Forum

    27 May 2025

    Grants Stack and Grants Lab formally wind down. Allo Protocol enters maintenance mode; smart contracts remain deployed but active development ceases.

    Grants Stack Winds Down — Gitcoin Blog

    November 2025

    GTC token reaches an approximate all-time low of $0.15 amid sustained bear market conditions and loss of active development team.

    CoinMarketCap - Gitcoin historical data
    Provenance & Audit Trail
    Anchored on SolanaVerify on-chain12 Wayback Archives

    Decision Log

    This investigation is cryptographically anchored to the Solana blockchain (3 events). 12 of 19 cited source URLs have an Internet Archive snapshot.

    full audit log →version history →

    model: claude-sonnet-4-6

    generated: 6/16/2026, 12:28:29 PM

    last updated: 8/25/2026, 12:04:49 PM

    3 views

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