Add quadratic matching to Manifold for Charity (#486)

* Calculate quadratic funding match

* Tweak copy

* More concise quadratic funding calculation

Co-authored-by: Sinclair Chen <abc.sinclair@gmail.com>

* Fix imports and calculations

* Remove unused var for now

* Clean up styling

Co-authored-by: Sinclair Chen <abc.sinclair@gmail.com>

common/quadratic-funding.ts

@@ -0,0 +1,27 @@
+import { groupBy, mapValues, sum, sumBy } from 'lodash'
+import { Txn } from './txn'
+
+// Returns a map of charity ids to the amount of M$ matched
+export function quadraticMatches(
+  allCharityTxns: Txn[],
+  matchingPool: number
+): Record<string, number> {
+  // For each charity, group the donations by each individual donor
+  const donationsByCharity = groupBy(allCharityTxns, 'toId')
+  const donationsByDonors = mapValues(donationsByCharity, (txns) =>
+    groupBy(txns, 'fromId')
+  )
+
+  // Weight for each charity = [sum of sqrt(individual donor)] ^ 2
+  const weights = mapValues(donationsByDonors, (byDonor) => {
+    const sumByDonor = Object.values(byDonor).map((txns) =>
+      sumBy(txns, 'amount')
+    )
+    const sumOfRoots = sumBy(sumByDonor, Math.sqrt)
+    return sumOfRoots ** 2
+  })
+
+  // Then distribute the matching pool based on the individual weights
+  const totalWeight = sum(Object.values(weights))
+  return mapValues(weights, (weight) => matchingPool * (weight / totalWeight))
+}

web/components/charity/charity-card.tsx

@@ -6,9 +6,11 @@ import { Charity } from 'common/charity'
 import { useCharityTxns } from 'web/hooks/use-charity-txns'
 import { manaToUSD } from '../../../common/util/format'
 import { Row } from '../layout/row'
+import { Col } from '../layout/col'
 
-export function CharityCard(props: { charity: Charity }) {
+export function CharityCard(props: { charity: Charity; match?: number }) {
-  const { slug, photo, preview, id, tags } = props.charity
+  const { charity, match } = props
+  const { slug, photo, preview, id, tags } = charity
 
   const txns = useCharityTxns(id)
   const raised = sumBy(txns, (txn) => txn.amount)
@@ -32,14 +34,22 @@ export function CharityCard(props: { charity: Charity }) {
           {/* <h3 className="card-title line-clamp-3">{name}</h3> */}
           <div className="line-clamp-4 text-sm">{preview}</div>
           {raised > 0 && (
-            <Row className="text-primary mt-4 flex-1 items-end justify-center gap-2">
+            <>
-              <span className="text-3xl">
+              <Row className="mt-4 flex-1 items-end justify-center gap-6 text-gray-900">
-                {raised < 100
+                <Col>
-                  ? manaToUSD(raised)
+                  <span className="text-3xl font-semibold">
-                  : '$' + Math.floor(raised / 100)}
+                    {formatUsd(raised)}
-              </span>
+                  </span>
-              <span>raised</span>
+                  <span>raised</span>
-            </Row>
+                </Col>
+                {match && (
+                  <Col className="text-gray-500">
+                    <span className="text-xl">+{formatUsd(match)}</span>
+                    <span className="">match</span>
+                  </Col>
+                )}
+              </Row>
+            </>
           )}
         </div>
       </div>
@@ -47,6 +57,10 @@ export function CharityCard(props: { charity: Charity }) {
   )
 }
 
+function formatUsd(mana: number) {
+  return mana < 100 ? manaToUSD(mana) : '$' + Math.floor(mana / 100)
+}
+
 function FeaturedBadge() {
   return (
     <span className="inline-flex items-center gap-1 bg-yellow-100 px-3 py-0.5 text-sm font-medium text-yellow-800">

web/pages/charity/index.tsx

@@ -1,4 +1,12 @@
-import { mapValues, groupBy, sumBy, sum, sortBy, debounce } from 'lodash'
+import {
+  mapValues,
+  groupBy,
+  sumBy,
+  sum,
+  sortBy,
+  debounce,
+  uniqBy,
+} from 'lodash'
 import { useState, useMemo } from 'react'
 import { charities, Charity as CharityType } from 'common/charity'
 import { CharityCard } from 'web/components/charity/charity-card'
@@ -8,7 +16,9 @@ import { Page } from 'web/components/page'
 import { SiteLink } from 'web/components/site-link'
 import { Title } from 'web/components/title'
 import { getAllCharityTxns } from 'web/lib/firebase/txns'
-import { formatMoney } from 'common/util/format'
+import { formatMoney, manaToUSD } from 'common/util/format'
+import { quadraticMatches } from 'common/quadratic-funding'
+import { Txn } from 'common/txn'
 
 export async function getStaticProps() {
   const txns = await getAllCharityTxns()
@@ -20,21 +30,55 @@ export async function getStaticProps() {
     (charity) => (charity.tags?.includes('Featured') ? 0 : 1),
     (charity) => -totals[charity.id],
   ])
+  const matches = quadraticMatches(txns, totalRaised)
+  const numDonors = uniqBy(txns, (txn) => txn.fromId).length
 
   return {
     props: {
       totalRaised,
       charities: sortedCharities,
+      matches,
+      txns,
+      numDonors,
     },
     revalidate: 60,
   }
 }
 
+type Stat = {
+  name: string
+  stat: string
+}
+
+function DonatedStats(props: { stats: Stat[] }) {
+  const { stats } = props
+  return (
+    <dl className="mt-3 grid grid-cols-1 gap-5 rounded-lg bg-gradient-to-r from-pink-300 via-purple-300 to-indigo-400 p-4 sm:grid-cols-3">
+      {stats.map((item) => (
+        <div
+          key={item.name}
+          className="overflow-hidden rounded-lg bg-white px-4 py-5 shadow sm:p-6"
+        >
+          <dt className="truncate text-sm font-medium text-gray-500">
+            {item.name}
+          </dt>
+          <dd className="mt-1 text-3xl font-semibold text-gray-900">
+            {item.stat}
+          </dd>
+        </div>
+      ))}
+    </dl>
+  )
+}
+
 export default function Charity(props: {
   totalRaised: number
   charities: CharityType[]
+  matches: { [charityId: string]: number }
+  txns: Txn[]
+  numDonors: number
 }) {
-  const { totalRaised, charities } = props
+  const { totalRaised, charities, matches, numDonors } = props
 
   const [query, setQuery] = useState('')
   const debouncedQuery = debounce(setQuery, 50)
@@ -54,26 +98,44 @@ export default function Charity(props: {
   return (
     <Page>
       <Col className="w-full rounded px-4 py-6 sm:px-8 xl:w-[125%]">
-        <Col className="max-w-xl gap-2">
+        <Col className="">
           <Title className="!mt-0" text="Manifold for Charity" />
-          <div className="mb-6 text-gray-500">
+          <span className="text-gray-600">
-            Donate your winnings to charity! Every {formatMoney(100)} you give
+            Donate your winnings: every {formatMoney(100)} you contribute turns
-            turns into $1 USD we send to your chosen charity.
+            into $1 USD to your chosen charity!
-            <Spacer h={5} />
+          </span>
-            Together we've donated over ${Math.floor(totalRaised / 100)} USD so
+          <DonatedStats
-            far!
+            stats={[
-          </div>
+              {
+                name: 'Raised by Manifold users',
+                stat: manaToUSD(totalRaised),
+              },
+              {
+                name: 'Number of donors',
+                stat: `${numDonors}`,
+              },
+              {
+                name: 'Matched via quadratic funding',
+                stat: manaToUSD(sum(Object.values(matches))),
+              },
+            ]}
+          />
+          <Spacer h={10} />
 
           <input
             type="text"
             onChange={(e) => debouncedQuery(e.target.value)}
-            placeholder="Search charities"
+            placeholder="Find a charity"
             className="input input-bordered mb-6 w-full"
           />
         </Col>
         <div className="grid max-w-xl grid-flow-row grid-cols-1 gap-4 lg:max-w-full lg:grid-cols-2 xl:grid-cols-3">
           {filterCharities.map((charity) => (
-            <CharityCard charity={charity} key={charity.name} />
+            <CharityCard
+              charity={charity}
+              key={charity.name}
+              match={matches[charity.id]}
+            />
           ))}
         </div>
         {filterCharities.length === 0 && (
@@ -91,22 +153,28 @@ export default function Charity(props: {
         ></iframe>
 
         <div className="mt-10 text-gray-500">
-          Don't see your favorite charity? Recommend it{' '}
+          Don't see your favorite charity? Recommend it by emailing
-          <SiteLink
+          charity@manifold.markets!
-            href="https://manifold.markets/Sinclair/which-charities-should-manifold-add"
-            className="text-indigo-700"
-          >
-            here
-          </SiteLink>
-          !
           <br />
           <br />
           <span className="italic">
-            Note: Manifold is not affiliated with non-Featured charities; we're
+            Notes:
-            just fans of their work!
             <br />
-            As Manifold is a for-profit entity, your contributions will not be
+            - Manifold is not affiliated with non-Featured charities; we're just
-            tax deductible.
+            fans of their work!
+            <br />
+            - As Manifold itself is a for-profit entity, your contributions will
+            not be tax deductible.
+            <br />- Donation matches are courtesy of{' '}
+            <SiteLink href="https://ftxfuturefund.org/" className="font-bold">
+              the FTX Future Fund
+            </SiteLink>
+            , and are allocated via{' '}
+            <SiteLink href="https://wtfisqf.com/" className="font-bold">
+              quadratic funding
+            </SiteLink>
+            .
+            <br />- Donations + matches are wired once each quarter.
           </span>
         </div>
       </Col>