Gitcoin Grants Stack has announced a significant upgrade to its protocol layer infrastructure, deprecating Allo v1 and transitioning to Allo v2. This upgrade is scheduled to take place on June 25th, marking a major milestone in the development of the platform. The official statement outlines the implications of this upgrade for creators of funding rounds, those who receive funding, and donors.

For creators of funding rounds, rounds created on Allo v1 will be available in Manager in view-only mode after the deprecation date. This means that they will be able to view their existing funding rounds, but will not be able to perform any new actions. This is a crucial step in ensuring a smooth transition to Allo v2, which promises to offer improved functionality and features.

For those who receive funding, projects created on Allo v1 can view their current status in Builder after the deprecation date. However, no new actions can be performed, and they will need to migrate to Allo v2 to continue managing their projects. This upgrade is designed to provide a more seamless and efficient experience for users, and will likely lead to increased adoption and usage of the platform.

For donors, v1 related websites will be deprecated and will no longer accept donations through Grants Stack. This means that donors will need to use Allo v2 to make donations, which will provide a more streamlined and secure experience. The deprecation of Allo v1 is a necessary step in the evolution of the platform, and will pave the way for new features and functionality.

In conclusion, the upgrade to Allo v2 marks a significant milestone in the development of Gitcoin Grants Stack. The deprecation of Allo v1 is a necessary step in ensuring a smooth transition to the new protocol layer infrastructure, and will provide a more seamless and efficient experience for users. The upgrade promises to offer improved functionality and features, and will likely lead to increased adoption and usage of the platform.