Allo Protocol

avoid.net/allo-protocol→68/100·72% conf.

[AI-DRAFTED · AWAITING VERIFICATION]

68/100

[CAUTIONARY]72% conf.

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 · 10 linked investigations

Protocols

⌂Allo Protocol

Relationships

Also appears in

edgeX Exchange·28 Mach-O Man Malware Campaign (Lazarus / Chollima)·0 Gamma Strategies·28 Alephium Bridge·18 Bunni Protocol·28 BitGrail·2 Lulo·55 Thorchain DEX·28 Crossmint·70 Access Protocol·47

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Timeline(8 events)

2017-01-01

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

IQ.wiki - Gitcoin

2021-05-01

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

CoinMarketCap - Gitcoin

2023-01-01

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

2023-11-10

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

Binance News — Gitcoin Launches Allo v2

2024-03-01

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

CoinMarketCap - Gitcoin

2025-04-25

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

2025-05-27

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

2025-11-01

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

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