From f6129abbeac92954872cfbd14e455533ba90a586 Mon Sep 17 00:00:00 2001 From: maxwell <156443022+opmxwell@users.noreply.github.com> Date: Thu, 4 Apr 2024 11:31:14 -0400 Subject: [PATCH 1/8] Update README.md Going through and editing all RetroPGF's to Retro Funding! --- src/docs/governance/README.md | 2 +- 1 file changed, 1 insertion(+), 1 deletion(-) diff --git a/src/docs/governance/README.md b/src/docs/governance/README.md index 278411431..0d10ce8f6 100644 --- a/src/docs/governance/README.md +++ b/src/docs/governance/README.md @@ -51,7 +51,7 @@ The Citizens' House is a large-scale experiment in [non-plutocratic governance]( The Citizens' House is responsible for [retroactive public goods funding (RPGF)](https://medium.com/ethereum-optimism/retroactive-public-goods-funding-33c9b7d00f0c). For more information about the Citizens' House, read [the Overview](./citizens-house.md). -For details about RetroPGF 2, visit [the RetroPGF 2 program details](./retropgf-2.md). +For details about Retro Funding 2, visit [the Retro Funding 2 program details](./retropgf-2.md). For plans around identity and governance, see [the Citizenship page](./citizenship.md). **What is described here is an initial experiment**. From eebf406caf4ad3bc44fe25925ef783e5993889fc Mon Sep 17 00:00:00 2001 From: maxwell <156443022+opmxwell@users.noreply.github.com> Date: Thu, 4 Apr 2024 11:45:18 -0400 Subject: [PATCH 2/8] Update citizens-house.md Adjusting all RetroPGF's to Retro Funding and added in a sentence about Retro Funding round 4 --- src/docs/governance/citizens-house.md | 39 ++++++++++++++------------- 1 file changed, 20 insertions(+), 19 deletions(-) diff --git a/src/docs/governance/citizens-house.md b/src/docs/governance/citizens-house.md index b3b8a7185..6ceb8ba82 100644 --- a/src/docs/governance/citizens-house.md +++ b/src/docs/governance/citizens-house.md @@ -6,21 +6,21 @@ lang: en-US The Citizens' House is a large-scale experiment in [non-plutocratic governance](https://vitalik.ca/general/2021/08/16/voting3.html) and retroactive funding of public goods. The Citizens’ House will work alongside the Token House to govern the Optimism Collective. -**In its first stage, the Citizens’ House is solely responsible for voting on the allocation of Retroactive Public Goods Funding (RetroPGF)**. -During this bootstrapping phase, the Optimism Foundation will determine the scope and amount of each funding round, as well as administer the voting process. Holding a [voting badge](./citizenship.md) in this initial stage does not guarantee permanent participation in the Citizens’ House and future iterations of RetroPGF. +**In its first stage, the Citizens’ House is solely responsible for voting on the allocation of Retroactive Public Goods Funding (Retro Funding)**. +During this bootstrapping phase, the Optimism Foundation will determine the scope and amount of each funding round, as well as administer the voting process. Holding a [voting badge](./citizenship.md) in this initial stage does not guarantee permanent participation in the Citizens’ House and future iterations of Retro Funding. -Funding for RetroPGF can come from: -- RetroPGF token allocation [(20% of the initial OP supply)](./allocations.md#retroactive-public-goods-funding) +Funding for Retro Funding can come from: +- Retro Funding token allocation [(20% of the initial OP supply)](./allocations.md#retroactive-public-goods-funding) - Allocation of surplus protocol revenue -In future stages, the Citizens’ House role will expand beyond RetroPGF. -For example, in addition to voting on RetroPGF, the Citizens’ House will work alongside the Token House to govern allocation of surplus protocol revenue, collaborate on criteria for participation in the Citizens’ House, and engage in a system of checks and balances to enforce the Collective’s Codes of Conduct. You can read more about this transition [here](https://optimism.mirror.xyz/PLrAQgE1EGRo7GRrFoztplFChnUZda4DFGW3dkQayxY) +In future stages, the Citizens’ House role will expand beyond Retro Funding. +For example, in addition to voting on Retro Funding, the Citizens’ House will work alongside the Token House to govern allocation of surplus protocol revenue, collaborate on criteria for participation in the Citizens’ House, and engage in a system of checks and balances to enforce the Collective’s Codes of Conduct. You can read more about this transition [here](https://optimism.mirror.xyz/PLrAQgE1EGRo7GRrFoztplFChnUZda4DFGW3dkQayxY) -## How RetroPGF Works +## How Retro Funding Works -Retroactive Public Goods Funding (RetroPGF) is based on the idea that it’s easier to agree on what *was* useful in the past than what *might* be useful in the future. -This is a series of experiments where members of the Citizens’ House allocate surplus protocol revenue or portions of the RetroPGF token allocation to projects they deem have provided positive impact to the Optimism Collective. This is core to Optimism’s value of `impact = profit`: the idea that that positive impact to the collective should be rewarded proportionally with profit to the individual. +Retroactive Public Goods Funding (Retro Funding) is based on the idea that it’s easier to agree on what *was* useful in the past than what *might* be useful in the future. +This is a series of experiments where members of the Citizens’ House allocate surplus protocol revenue or portions of the Retro Funding token allocation to projects they deem have provided positive impact to the Optimism Collective. This is core to Optimism’s value of `impact = profit`: the idea that that positive impact to the collective should be rewarded proportionally with profit to the individual. These rewards create strong incentives for people to build public goods that benefit the Optimism Collective. The aggregate effect is an ecosystem that is easier to build on, learn about, and connect to, in turn driving application usage and generating more demand for blockspace. By funding public goods sustainably, the Collective can create a rich ecosystem and a better economy. @@ -29,7 +29,7 @@ The aggregate effect is an ecosystem that is easier to build on, learn about, an

-RetroPGF also provides possible exit liquidity for public goods projects, which opens up a market for early investment in those projects. +Retro Funding also provides possible exit liquidity for public goods projects, which opens up a market for early investment in those projects. This means builders can: - Be rewarded for their positive contributions without generating direct revenue @@ -41,15 +41,16 @@ This means builders can:

-RetroPGF is a longterm bet to build the future Optimists want to see. -The Collective will conduct regular rounds of RetroPGF, each different from the last. +Retro Funding is a longterm bet to build the future Optimists want to see. +The Collective will conduct regular rounds of Retro Funding, each different from the last. This is an emergent process that will take community participation to grow and prune. -1. [RetroPGF round 1](./retropgf-1.md) took place at the end of 2021 and allocated $1 million across 58 projects. -2. [RetroPGF round 2](./retropgf-2.md) took place in Q1 2023 and allocated 10m OP token across 195 projects. -3. [RetroPGF round 3](./retropgf-3.md) will take place in Q3/Q4 2023 and will allocate 30m OP to contributions that have supported the development and adoption of Optimism. +1. [Retro Funding round 1](./retropgf-1.md) took place at the end of 2021 and allocated $1 million across 58 projects. +2. [Retro Funding round 2](./retropgf-2.md) took place in Q1 2023 and allocated 10m OP tokens across 195 projects. +3. [Retro Funding round 3](./retropgf-3.md) took place in Q4 2023 and allocated 30m OP tokens across 501 projects. +4. Retro Funding round 4 will take place in Q2/3 2024 and will reward onchain builders who contribute to the success of Optimism. ### Experimentation Framework -RetroPGF has three core components, each with substantial surface area for experimentation. +Retro Funding has three core components, each with substantial surface area for experimentation. 1. **Impact scoping**: what should the Collective fund? How is it defined and decided on? @@ -57,8 +58,8 @@ RetroPGF has three core components, each with substantial surface area for exper What units, process, or tools do we use? 1. **Impact settlement:** how does voting work? -For the first several rounds of RetroPGF, the Optimism Foundation will decide on scope and voting mechanics with input from the community. +For the first several rounds of Retro Funding, the Optimism Foundation will decide on scope and voting mechanics with input from the community. Eventually the set of variables around what to fund, how much to fund, and how to vote will be up to the Citizens’ House, with checks and balances from the Token House. -Over time, the Collective aims to expand the scope of RetroPGF to support the production of public goods beyond the immediate Optimism ecosystem. -To get there, we must refine the tools and processes used for RetroPGF based on regular experimentation. +Over time, the Collective aims to expand the scope of Retro Funding to support the production of public goods beyond the immediate Optimism ecosystem. +To get there, we must refine the tools and processes used for Retro Funding based on regular experimentation. From f6a5c14a9073b0eb663a23e676debd79ab19c317 Mon Sep 17 00:00:00 2001 From: maxwell <156443022+opmxwell@users.noreply.github.com> Date: Thu, 4 Apr 2024 11:48:07 -0400 Subject: [PATCH 3/8] Update citizenship.md adjusting all RetroPGF's to Retro Funding. --- src/docs/governance/citizenship.md | 11 +++++------ 1 file changed, 5 insertions(+), 6 deletions(-) diff --git a/src/docs/governance/citizenship.md b/src/docs/governance/citizenship.md index 16b7f5e25..5537012e3 100644 --- a/src/docs/governance/citizenship.md +++ b/src/docs/governance/citizenship.md @@ -8,9 +8,9 @@ This is distinct from the more common pattern of token-voting governance (as use Optimism Identity -In the initial stage of bootstrapping the Citizens' House, participants receive temporary badges to vote in RetroPGF rounds. +In the initial stage of bootstrapping the Citizens' House, participants receive temporary badges to vote in Retro Funding rounds. In future stages, the Token House and Citizens’ House together will collaborate on ongoing criteria for participation in the Citizens’ House. -This means the criteria for Citizenship will evolve over time. Holding a voting badge does not guarantee voting rights in future rounds of RetroPGF, as eventually membership will be determined by governance and may change. +This means the criteria for Citizenship will evolve over time. Holding a voting badge does not guarantee voting rights in future rounds of Retro Funding, as eventually membership will be determined by governance and may change. **How will Citizenship Selection work?** @@ -23,9 +23,8 @@ This system is designed to be flexible and future-proof; rather than prescribe c For more information on Optimism's identity layer, visit the [AttestationStation documentation](../identity/). ## Becoming a Citizen -In the current phase of Citizens' House governance the number of voting badges is growing with each round of RetroPGF: -RetroPGF [round 1](./retropgf-1.md) had 24 badgeholders participate, [round 2](./retropgf-2.md) saw 71 badgeholders participate, and in [round 3](./retropgf-3.md) voting badges will be offered to 208 community members. +In the current phase of Citizens' House governance the number of voting badges is growing with each round of Retro Funding: +Retro Funding [round 1](./retropgf-1.md) had 24 badgeholders participate, [round 2](./retropgf-2.md) saw 71 badgeholders participate, and in [round 3](./retropgf-3.md) voting badges will be offered to 208 community members. Eventually, Citizenship is intended to be widely distributed to a large group of humans across the Optimism ecosystem with expertise in many different subcultures and industries. Optimism governance will have the power to set criteria for Citizenship. -This means voting eligibility may someday be subject to rules and restrictions unknown today. Voting in RetroPGF 3 does not guarantee permanent participation in the Citizens’ House and future iterations of RetroPGF. - +This means voting eligibility may someday be subject to rules and restrictions unknown today. Voting in Retro Funding 3 does not guarantee permanent participation in the Citizens’ House and future iterations of Retro Funding. From 11cf12952f56b3edf09fedb61dd507cb11113927 Mon Sep 17 00:00:00 2001 From: maxwell <156443022+opmxwell@users.noreply.github.com> Date: Thu, 4 Apr 2024 11:53:02 -0400 Subject: [PATCH 4/8] Update retropgf-1.md adjusting RetroPGF to Retro Funding. --- src/docs/governance/retropgf-1.md | 10 +++++----- 1 file changed, 5 insertions(+), 5 deletions(-) diff --git a/src/docs/governance/retropgf-1.md b/src/docs/governance/retropgf-1.md index 3b0904e5d..3b2adb58b 100644 --- a/src/docs/governance/retropgf-1.md +++ b/src/docs/governance/retropgf-1.md @@ -3,13 +3,13 @@ title: RetroPGF Round 1 lang: en-US --- -The Optimism Collective’s first round of Retroactive Public Goods Funding (RetroPGF) took place in Q4 of 2021. -This round was the first RetroPGF experiment of the collective and was [announced](https://medium.com/ethereum-optimism/retropgf-experiment-1-1-million-dollars-for-public-goods-f7e455cbdca) in the months following the [initial blog post on Retroactive Public Goods Funding](https://medium.com/ethereum-optimism/retroactive-public-goods-funding-33c9b7d00f0c). -RetroPGF 1 allocated $1M to **fund projects that have provided value to the Optimistic Ethereum ecosystem.** +The Optimism Collective’s first round of Retroactive Public Goods Funding (Retro Funding) took place in Q4 of 2021. +This round was the first Retro Funding experiment of the collective and was [announced](https://medium.com/ethereum-optimism/retropgf-experiment-1-1-million-dollars-for-public-goods-f7e455cbdca) in the months following the [initial blog post on Retroactive Public Goods Funding](https://medium.com/ethereum-optimism/retroactive-public-goods-funding-33c9b7d00f0c). +Retro Funding 1 allocated $1M to **fund projects that have provided value to the Optimistic Ethereum ecosystem.** ## Results -In the first round of RetroPGF, 76 projects were nominated, and 58 were awarded funding by the badgeholders! -The median funding received by a project in RetroPGF 1 was $14,670, while the top 10% of projects received more than $36,919. +In the first round of Retro Funding, 76 projects were nominated, and 58 were awarded funding by the badgeholders! +The median funding received by a project in Retro Funding 1 was $14,670, while the top 10% of projects received more than $36,919. - You can find a sheet with all projects and their funding allocations [**here**](https://docs.google.com/spreadsheets/d/1g4ilAByMNQsmlBC8cskQip7Ojd_qK6IhozJCyoVfU9k). - You can find Vitalik's review of the round [**here**](https://vitalik.ca/general/2021/11/16/retro1.html) From 6302ff4e6cecfb1f34836ff686d817f77fc5af82 Mon Sep 17 00:00:00 2001 From: maxwell <156443022+opmxwell@users.noreply.github.com> Date: Thu, 4 Apr 2024 11:54:53 -0400 Subject: [PATCH 5/8] Update retropgf-2.md updating RetroPGF to Retro Funding --- src/docs/governance/retropgf-2.md | 10 +++++----- 1 file changed, 5 insertions(+), 5 deletions(-) diff --git a/src/docs/governance/retropgf-2.md b/src/docs/governance/retropgf-2.md index 5f32bc9d5..0d726b85f 100644 --- a/src/docs/governance/retropgf-2.md +++ b/src/docs/governance/retropgf-2.md @@ -3,28 +3,28 @@ title: RetroPGF Round 2 lang: en-US --- -The Optimism Collective’s second round of Retroactive Public Goods Funding (RetroPGF) took place in Q1 of 2023. +The Optimism Collective’s second round of Retroactive Public Goods Funding (Retro Funding) took place in Q1 of 2023. RetroPGF 2 allocated 10m OP tokens to **fund public goods that support development and usage of the OP Stack.** Optimism’s vision is to build a global system where positive impact to the collective is rewarded by profit to the individual. -RetroPGF is an experimental mechanism to realize this goal of **“impact = profit”**. +Retro Funding is an experimental mechanism to realize this goal of **“impact = profit”**. By funding public goods sustainably, the Collective can create a rich ecosystem and a better economy ✨ ## Results -In this second round of RetroPGF, 195 people and projects were nominated, and all 195 were awarded funding by the badgeholders! While going above and beyond in assessing project impact badgeholders allocated their votes among 40 different projects on average. The median OP received by a project for RetroPGF 2 was 22,825, while the top 10% of projects received more than 140k OP. +In this second round of Retro Funding, 195 people and projects were nominated, and all 195 were awarded funding by the badgeholders! While going above and beyond in assessing project impact badgeholders allocated their votes among 40 different projects on average. The median OP received by a project for RetroPGF 2 was 22,825, while the top 10% of projects received more than 140k OP. - You can find the write up on the results of round 2 [**here**](https://optimism.mirror.xyz/Upn_LtV2-3SviXgX_PE_LyA7YI00jQyoM1yf55ltvvI) - You can find a sheet with all projects and their OP allocation [**here**](https://docs.google.com/spreadsheets/d/13QTVuv4HTTDBctRxuqngECUMc70QP4usbmcFT8XT-GI/edit?usp=sharing). ## Process and timeline overview -1. Badgeholder selection - badgeholders have the power to distribute OP tokens to projects. They’re instrumental in running an effective RetroPGF round. For RetroPGF Round 2, badgeholders were selected across four different criteria. +1. Badgeholder selection - badgeholders have the power to distribute OP tokens to projects. They’re instrumental in running an effective Retro Funding round. For RetroPGF Round 2, badgeholders were selected across four different criteria. 1. 14 badgeholders were selected based on their participation as badgeholders in [round one of RetroPGF](https://vitalik.ca/general/2021/11/16/retro1.html) 2. 21 badgeholders were selected by the Optimism Foundation 3. 10 badgeholders were [elected by Optimism’s Token House](https://snapshot.org/#/opcollective.eth/proposal/0x22d4c3ab56832de58c1774d1a0aeb61ba6dde8b16c0f8382f85d8935f3ee1f11) 4. 29 badge holders were nominated by badgeholders from the three categories above 2. Nominations (Jan 17 - Jan 31st) - anyone could [nominate a project on the forum](https://gov.optimism.io/t/nominations-for-retropgf2/4636) by providing a name, impact description and link to Github/Twitter -3. Project profile creation (Feb 7th - Feb 21st) - Projects had to [create a profile](https://app.optimism.io/retropgf-manager) where they were asked for general information, as well as a description of their project and its impact. Information provided by Projects can be viewed on the [RetroPGF discovery page](https://app.optimism.io/retropgf-discovery). +3. Project profile creation (Feb 7th - Feb 21st) - Projects had to [create a profile](https://app.optimism.io/retropgf-manager) where they were asked for general information, as well as a description of their project and its impact. Information provided by Projects can be viewed on the [Retro Funding discovery page](https://app.optimism.io/retropgf-discovery). 4. Voting (Mar 7th - Mar 21st) - Badgeholders were provided with a [badgeholder manual](https://www.notion.so/Optimism-RetroPGF-2-Badgeholder-Manual-11ef6cd63c254258a32246289f45925c) and asked to evaluate and vote on nominated projects via a voting form. (Mar 7th - Mar 21st) From 67c726f717acd8369c9c21f886e4e9985fcf6a40 Mon Sep 17 00:00:00 2001 From: maxwell <156443022+opmxwell@users.noreply.github.com> Date: Thu, 4 Apr 2024 11:57:20 -0400 Subject: [PATCH 6/8] Update retropgf-3.md updating RetroPGF to Retro Funding --- src/docs/governance/retropgf-3.md | 22 +++++++++++----------- 1 file changed, 11 insertions(+), 11 deletions(-) diff --git a/src/docs/governance/retropgf-3.md b/src/docs/governance/retropgf-3.md index 736340a16..45ed4ab6e 100644 --- a/src/docs/governance/retropgf-3.md +++ b/src/docs/governance/retropgf-3.md @@ -3,7 +3,7 @@ title: RetroPGF Round 3 lang: en-US --- -The Optimism Collective’s third round of Retroactive Public Goods Funding (RetroPGF) took place in the fall of 2023. RetroPGF 3 allocated 30m OP tokens to **reward contributions that have supported the development and adoption of Optimism.** +The Optimism Collective’s third round of Retroactive Public Goods Funding (Retro Funding) took place in the fall of 2023. RetroPGF 3 allocated 30m OP tokens to **reward contributions that have supported the development and adoption of Optimism.** ### Process Overview @@ -14,7 +14,7 @@ The Optimism Collective’s third round of Retroactive Public Goods Funding (Ret ## Results 👉 You can view the Mirror post announcing the RetroPGF Round 3 recipients [here](https://optimism.mirror.xyz/37Bgum6MfTJWDuE41CH9RXSH5KBm_RCL5zsSFeRZl4E) and the official results on [Agora](https://vote.optimism.io/retropgf/3). -RetroPGF recipients must complete a KYC process with the Optimism Foundation. If you're a recipient, please direct questions or problems with the KYC & grant delivery process to compliance@optimism.io. +Retro Funding recipients must complete a KYC process with the Optimism Foundation. If you're a recipient, please direct questions or problems with the KYC & grant delivery process to compliance@optimism.io. You can view the written retrospective with the learnings & reflections on RetroPGF 3 [here](https://optimism.mirror.xyz/Bbu5M1mTNV2Z637QxOiF7Qt7R9hy6nxghbZiFbtZOBA). @@ -25,7 +25,7 @@ You can view the written retrospective with the learnings & reflections on Retro In addition, there's useful tooling that has been built to support badgeholders: - [Pairwise](https://www.pairwise.vote/) - Gamifying list creation by categorizing applicants into small groups for experts' pairwise comparison. -- [OpenSource Observer](https://www.opensource.observer/) - An Analytics platform for impact metrics on RetroPGF applications +- [OpenSource Observer](https://www.opensource.observer/) - An Analytics platform for impact metrics on Retro Funding applications Badgeholders can find all the information relevant for voting in the [Badgeholder Manual ](https://www.optimism.io/badgeholder-manual) @@ -33,9 +33,9 @@ Badgeholders can find all the information relevant for voting in the [Badgeholde 👉 **You can see applications on the voting applications from [Agora](https://vote.optimism.io/retropgf/3) and [West](https://round3.optimism.io/)** -Every type of contribution to the Optimism ecosystem is eligible for RetroPGF. Whether you’re a developer working on an Ethereum execution client or an educator creating Optimism-inspired video content, if you’re providing impact, you’re eligible! +Every type of contribution to the Optimism ecosystem is eligible for Retro Funding. Whether you’re a developer working on an Ethereum execution client or an educator creating Optimism-inspired video content, if you’re providing impact, you’re eligible! -RetroPGF is open to all Optimism artists, creators, writers, builders, and evangelists. +Retro Funding is open to all Optimism artists, creators, writers, builders, and evangelists. If you're looking for inspiration on what you could contribute to the Optimism Collective, check out the [Ecosystem Contributions Board](https://github.com/ethereum-optimism/ecosystem-contributions) ## Badgeholders @@ -58,7 +58,7 @@ A: There was no nomination process, instead projects directly applied for RetroP
- Q:Are VC funded teams or teams that received a grant from the Optimism Token House eligible for RetroPGF? + Q:Are VC funded teams or teams that received a grant from the Optimism Token House eligible for Retro Funding? Yes, both VC funded teams as well as teams that received a grant from the Token House are eligble. Badgeholders uphold the principle of "impact = profit", where individuals should receive profit equal to the impact they provided to the Optimism Collective.
@@ -71,19 +71,19 @@ Yes, you were able to apply again with the same contribution. We asked that you
- Q: Are RetroPGF rewards subject to a 1 year lock-up? + Q: Are Retro Funding rewards subject to a 1 year lock-up? -No, RetroPGF rewards are not subject to a 1 year lock-up. After the round concludes, projects will need to complete a KYC process with the Optimism Foundation and will then gradually receive their RetroPGF rewards over a 90 day period. +No, Retro Funding rewards are not subject to a 1 year lock-up. After the round concludes, projects will need to complete a KYC process with the Optimism Foundation and will then gradually receive their Retro Funding rewards over a 90 day period.
- Q: Are RetroPGF 3 rewards sourced from sequencer revenue or RetroPGF token allocation? + Q: Are RetroPGF 3 rewards sourced from sequencer revenue or Retro Funding token allocation? -Round 3 rewards are sourced from the [RetroPGF token allocation](https://community.optimism.io/docs/governance/allocations/). Future rounds of RetroPGF may allocate surplus protocol revenue. +Round 3 rewards are sourced from the [Retro Funding token allocation](https://community.optimism.io/docs/governance/allocations/). Future rounds of Retro Funding may allocate surplus protocol revenue.
Q: Does my Project need to be on OP mainnet to be eligible? - No, your project does not need to be on OP mainnet. As long as you’re providing impact to the Optimism Collective, you are eligible for RetroPGF! + No, your project does not need to be on OP mainnet. As long as you’re providing impact to the Optimism Collective, you are eligible for Retro Funding!
From 72edd919f6d8cb6e5640bc38af98ae39c9af965a Mon Sep 17 00:00:00 2001 From: maxwell <156443022+opmxwell@users.noreply.github.com> Date: Thu, 4 Apr 2024 12:47:46 -0400 Subject: [PATCH 7/8] Update get-a-grant.md updated language and added an updated link to R3 results --- src/docs/governance/get-a-grant.md | 12 ++++++------ 1 file changed, 6 insertions(+), 6 deletions(-) diff --git a/src/docs/governance/get-a-grant.md b/src/docs/governance/get-a-grant.md index 519bf63c8..d3c6abf4c 100644 --- a/src/docs/governance/get-a-grant.md +++ b/src/docs/governance/get-a-grant.md @@ -3,7 +3,7 @@ title: Get a Grant lang: en-US --- -There are several ways the Optimism Collective supports builders with grants. There are two main types of grants: Collective grants, which are upfront grants for projects to be completed in the future, and RetroPGF, which are grants for projects that have already been completed based on their impact. +There are several ways the Optimism Collective supports builders with grants. There are two main types of grants: Collective grants, which are upfront grants for projects to be completed in the future, and Retro Funding, which are grants for projects that have already been completed based on their impact. # Collective Grants @@ -38,15 +38,15 @@ The Seed Fund may be used to bring projects/teams from 0 → 1, particularly for The Partner Fund may make grants used to provide tooling to the Optimism community, bring applications to OP Mainnet, promote education, experiment with liquidity mining programs, drive consumer usage, and/or support Optimism’s governance system. -# Retroactive Grants (RetroPGF) +# Retroactive Grants (Retro Funding) -RetroPGF stands for Retroactive Public Goods Funding. RetroPGF rewards are allocated by the Citizens’ House to reward work that has already been completed for its impact. +Retro Funding stands for Retroactive Public Goods Funding. Retro Funding rewards are allocated by the Citizens’ House to reward work that has already been completed for its impact. -If you’re working on something you believe is aligned with the Collective and you don’t need as much upfront certainty around scope of work, reward amount, or timing of rewards, you could be a good candidate for RetroPGF rewards. +If you’re working on something you believe is aligned with the Collective and you don’t need as much upfront certainty around scope of work, reward amount, or timing of rewards, you could be a good candidate for Retro Funding rewards. - Decisions on which projects receive rewards are made by the Citizens’ House based on their assessment of each projects’ positive impact to the Collective. -- The last round of RetroPGF rewarded developer tooling, community programs, solo builders, educational work, client teams, and much more. For more detail on past recipients, see this **[post](https://optimism.mirror.xyz/Upn_LtV2-3SviXgX_PE_LyA7YI00jQyoM1yf55ltvvI)**. The next results of the Round will be announced shortly. +- The last round of Retro Funding (RetroPGF Round 3) rewarded developer tooling, community programs, builders, educational work, client teams, and much more. For more detail on past recipients, see this **[post](https://optimism.mirror.xyz/37Bgum6MfTJWDuE41CH9RXSH5KBm_RCL5zsSFeRZl4E)**. **How to apply**: -- Build something that provides positive impact to the Collective and stay tuned for more information about Round 4! It’s that simple. +- Build something that provides positive impact to the Collective and stay tuned for more information about the next round of Retro Funding! It’s that simple. From 003b302355f89152c75eb197437c9bcbdd091573 Mon Sep 17 00:00:00 2001 From: maxwell <156443022+opmxwell@users.noreply.github.com> Date: Fri, 5 Apr 2024 10:48:22 -0400 Subject: [PATCH 8/8] Update allocations.md added in information about airdrop 4 --- src/docs/governance/allocations.md | 8 +++++++- 1 file changed, 7 insertions(+), 1 deletion(-) diff --git a/src/docs/governance/allocations.md b/src/docs/governance/allocations.md index db78cab05..74d329464 100644 --- a/src/docs/governance/allocations.md +++ b/src/docs/governance/allocations.md @@ -48,7 +48,13 @@ Airdrop 3 took place on Monday, September 18. The airdrop allocated **19,411,313 See the [Airdrop #3 documentation](airdrop-3.md) for a detailed breakdown of eligibility criteria. -### Future airdrops (#4, 5, …) +### Airdrop #4 + +Airdrop 4 took place on Feb 20, 2024, and distributed **10,343,757.81 OP to 22,998 unique addresses.** This Airdrop was a **‘thank you’ to the artists, creators, and pioneers who have played a role in creating culture across the Superchain** and across the crypto ecosystem as a whole. This was also Optimism’s first Airdrop across the Superchain, celebrating the growing network of OP Chains who are choosing to build together. + +See the [Airdrop #4 documentation](airdrop-4.md) for a detailed breakdown of eligibility criteria. + +### Future airdrops (#5, 6, …) An allocation of **14%** of the OP token supply will be held in reserve for future user airdrops. As a result of the game-able nature of airdrops, the Optimism Foundation will be responsible for determining airdrop metrics as fairly as possible.