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2 changes: 1 addition & 1 deletion src/docs/governance/README.md
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Expand Up @@ -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**.
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8 changes: 7 additions & 1 deletion src/docs/governance/allocations.md
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Expand Up @@ -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.
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39 changes: 20 additions & 19 deletions src/docs/governance/citizens-house.md
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Expand Up @@ -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.
Expand All @@ -29,7 +29,7 @@ The aggregate effect is an ecosystem that is easier to build on, learn about, an
<img width="50%" height="50%" src="https://github.com/ethereum-optimism/community-hub/assets/43515441/ca5c58de-58bb-43ca-bbd4-99c7f1c26534">
</p>

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
Expand All @@ -41,24 +41,25 @@ This means builders can:
<img width="70%" src="https://github.com/ethereum-optimism/community-hub/assets/43515441/4a4ea307-dbe9-4034-89fb-53d320ad740c">
</p>

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?
1. **Impact scoring:** how does the Citizens’ House evaluate impact?
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.
11 changes: 5 additions & 6 deletions src/docs/governance/citizenship.md
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Expand Up @@ -8,9 +8,9 @@ This is distinct from the more common pattern of token-voting governance (as use

<img width="auto" alt="Optimism Identity" src="https://user-images.githubusercontent.com/27849965/219097012-a21ebb1f-66dc-47a8-8b3f-6382774ad5d6.png">

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?**

Expand All @@ -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.
12 changes: 6 additions & 6 deletions src/docs/governance/get-a-grant.md
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Expand Up @@ -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

Expand Down Expand Up @@ -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.
10 changes: 5 additions & 5 deletions src/docs/governance/retropgf-1.md
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Expand Up @@ -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)
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