RetroPGF Rounds 1 & 2 were a resounding success, benefitting numerous
dedicated individuals and teams who are passionate about creating public
goods. These retroactive grants have not only made a significant impact on
their projects but have also reinforced their commitment to the Optimism
ecosystem. At the heart of the Optimism Collective's mission is the belief
that those who contribute to public goods should be rewarded for their
efforts. RetroPGF is like a refreshing twist on the traditional market
economy, specifically designed to champion public goods. And the best
part? It's already proving to be a game-changer for many builders within
the Collective. RetroPGF, in essence, serves as Optimism's vehicle for
nurturing the development of a free, open, and decentralized internet that
puts the power and value back into the hands of those who create and
maintain it.
Experiment Overview
The Optimism Collective is thrilled to unveil the much-anticipated third
round of RetroPGF this autumn! We're spreading the love with a whopping
30 million OP set to be distributed among the amazing builders,
creators, and educators who've have supported the development and
adoption of Optimism.
At Optimism, we're on a mission to craft an economy that celebrates and
rewards our community members for their incredible contributions. These
regular RetroPGF rounds play a pivotal role in fueling Optimism's
economy, with the ultimate goal of taking the mantra "impact = profit"
and sharing it with the world. Join us in making a difference!
Process and Timeline
The Optimism Collective's third round of Retroactive Public Goods
Funding (RetroPGF) is set to kick off in the fall of 2023. Stay tuned
for your chance to get involved and make a difference!
Badgeholders Selection
Badgeholders will be selected based on their contributions by
three ways which total badgeholders in this round up to 208
people!
Project Applications Live
During this phase, builders, creators, and educators had the
chance to submit their applications, showcasing their positive
impact within the Optimism Collective.Theres no nominations
process in this round, instead projects sign-up directly. You can
apply here through the sign-up period.
Voting
Lists application allow badgeholders to leverage the expertise of
other badgeholders when they cast their own votes
Results & Token Disbursement
Projects received rewards based on their received OP allocation
votes from each badgeholder, celebrating their valuable work.
Scope of Round 3
At Optimism, we believe that every kind of contributor deserves
recognition through Retroactive Public Goods Funding (RetroPGF). Whether
you're a coding wizard crafting an Ethereum execution client or a
content creator sharing your love for Optimism through videos, if you're
making a positive impact, you're in!
Applications for RetroPGF Round 3 are live! You can apply here
We're rolling out the red carpet for Optimism artists, creators,
writers, builders, and all the passionate folks who make our ecosystem
thrive.
OP Stack
If you've contributed to making the OP Stack more efficient, secure,
resilient, or simply raised awareness about it, you're eligible!
Collective Governance
Did your work benefit governance participants within the Optimism
Collective or bring new faces into the governance fold? You're in!
Developer Ecosystem
If you've had a hand in improving the lives of application
developers within the Optimism Collective or helped newcomers find
their way in, you're a RetroPGF candidate!
End User Experience & Adoption
Perhaps you've improved the experience for end users in the Optimism
Collective, or you've been a champion in bringing new users on
board. Your impact matters!
You can select multiple categories, but try to select the categories
that best describe your impact!
RetroPGF isn't just for a select few. It's for all the amazing
individuals who've left their mark in these categories. So, if you've
made a difference, don't hesitate—submit an application and let's
celebrate your contributions together!
How to get involved
Guess what? This is the perfect moment to become a part of the vibrant
Optimism Collective, and there are various ways to jump right in:
If You're a Developer
Take a look at the Ecosystem Contributions board where you'll find a treasure trove of ideas and projects waiting
for your magic touch. Who knows, these could be your ticket to RetroPGF
funding and making an impact!
Got a Project in Mind?
If you're working on something that aligns with our Collective Intents but need a little financial boost to kickstart it, check out the
guide on how to apply for a grant. We've got your back!
Community Builder Extraordinaire
If you're all about building communities, consider exploring the
NERD program
for support and onboarding or the
Ambassador program if you're into marketing and business development. There's a place
for you to shine!
Choose Your Adventure
Feel like charting your own course? That's cool too! In RetroPGF
2, we celebrated and funded 195 incredible projects and people.
You can check out this page to get inspired and find your unique way to contribute.
Round Design
Retroactive Public Goods Funding is a dynamic experiment, always
evolving to better serve our amazing community. In this post, we're
taking you behind the scenes to share the nitty-gritty of RetroPGF 3's
design process.
Let's talk about what we've cooked up for Round 3. These design choices
are like ingredients in our recipe for success, and they come with their
own set of assumptions. We're super excited to test these out in the
upcoming Round and use your feedback to keep making RetroPGF even
better.
📝
RetroPGF Sign up
Gathering the right data from Projects
✨
Lists Application
Scaling the Evaluation of Projects
🤔
Impact Evaluation
Frameworks & Definitions
🗳️
Voting Application
How badgeholders express themselves
RetroPGF Sign up
We're on a mission to make Retroactive Public Goods Funding (RetroPGF)
even better by helping projects showcase their impact and profit more
effectively. Our goal is to empower projects to quantify their
contributions and give badgeholders the insights they need.
Our new feature, the Optimist Profile, is our first step towards this
exciting future. It allows projects to share their impact and profit
metrics, along with references to data sources that support their
claims. We believe that projects are the experts in measuring their own
impact, and we want to give them the tools to do it.
In RetroPGF 3, we're introducing a revamped sign-up process with a focus
on gathering high-quality data:
More Detailed Questions
We've added thoughtful questions that align with the impact
evaluation process, helping projects provide a comprehensive view of
their work.
Standardized Data Sources
Now, projects can input relevant standardized external data sources
like Github repositories or on-chain contracts. This allows us to
create more powerful analytical tools for evaluation.
Self-Reported Impact Metrics
Projects can share their impact metrics and back them up with
references to external data sources. This helps us identify
standardized metrics and evaluation frameworks for the future.
Good news for projects! We've simplified the process. No More
Nominations, Just Direct Sign-up. This makes the experience smoother,
reducing the steps from nomination and sign-up to a single,
straightforward process.
Join us in making RetroPGF even better, one step at a time! Together,
we're building a brighter future for project evaluation!
Lists Application
Ever wondered how we can accurately assess the impact and profitability
of all the amazing projects nominated for Retroactive Public Goods
Funding (RetroPGF)? It's a big task, and no single badgeholder can have
all the answers. But fret not, because we have a plan to make it happen!
In previous rounds, we've seen badgeholders sharing their project evaluations with each other. Now, in Round 3, we're taking it up a notch. We're introducing
a cool new feature called "Lists."
Think of Lists as a super flexible way to collaborate and delegate. Each
List consists of a group of projects carefully chosen from the pool of
RetroPGF applicants. Not only that, but it also comes with a suggested
allocation of OP token for each project.
Knowledge Sharing
Lists are all about sharing knowledge. Since no one can be an expert
on everything, Lists allow badgeholders to bring their unique
insights and expertise to the table within specific areas.
Collaboration Made Easy
With Lists, badgeholders can easily share their project evaluations
with others. You can replicate or tweak someone else's votes if you
find their approach appealing.
Methodology Matters
Each List creator provides a methodology for distributing OP to each
project based on their expertise and data evaluation. It adds
transparency and trust to the process.
Lists empower badgeholders to tap into each other's expertise when
making their own voting decisions. It's a step toward transitioning from
subjective reviews to standardized impact evaluation frameworks. We
believe that Lists will become an invaluable tool for badgeholders to
collaborate and leverage each other's strengths. Our bet is that this
will lead to badgeholders supporting more projects than ever before.
Impact Evaluation
Retroactive Funding is a pretty new and exciting concept in the world of
grant funding. It flips the script by rewarding projects for the
positive impact they've already made, rather than guessing at their
future contributions.
In Round 3, we're all about providing badgeholders with a clearer
roadmap for evaluating impact:
Clearer Roles
We're giving badgeholders a more defined role. Instead of just
sharing personal preferences or experiences, they're stepping into
the shoes of impact and profit judges. It's all about assessing the
real impact a project has had.
Impact Evaluation Frameworks
We're not leaving badgeholders in the dark. We're working together
to create frameworks that help us nail down what impact really
means. This isn't a solo effort; it's a team endeavor with
badgeholders playing a crucial role.
These changes benefit everyone. Badgeholders get a better understanding
of what they're voting for, and projects get a clearer picture of what
they'll be rewarded for. It's a win-win! But here's the thing, defining
impact and building these frameworks is an ongoing journey. Round 3 is
just the beginning of our mission to establish a shared understanding of
impact assessment.
Our guess? With these frameworks in place, badgeholders will find more
common ground and vote in a way that makes sense to everyone. Let's
build a more united and impactful RetroPGF together!
Voting Application
At RetroPGF, we're all about making the voting process smoother and more
enjoyable for our valued badgeholders. We've learned from past rounds
and are excited to introduce some exciting changes in Round 3.
All-in-One Application
We get it, reviewing dozens or even hundreds of projects can be
overwhelming. That's why we've designed a single application that
lets badgeholders review projects, check out Lists, allocate their
votes, and submit their choices—all in one place.
Integration Made Easy
Project profiles and applications are seamlessly integrated with
additional tools. This simplifies the process and helps badgeholders
make informed decisions.
Role-Aligned Design
Our voting design is now perfectly in sync with the role of our
badgeholders. It's designed to help them understand their
responsibilities and vote accordingly.
Flexible Voting Power
Each badgeholder can allocate up to 30 million OP token across
projects, but the beauty is that they can choose to use only a
portion of their voting power if they wish. It's all about giving
them flexibility.
Project Allocation
Badgeholders can allocate up to 10 million OP per project, allowing
for more nuanced voting decisions.
Results You Can Trust
We calculate the results using the Median method, with some
additional considerations to ensure fairness.
Privacy Matters
Your votes are kept private. Only the Optimism Foundation can access
them, and that's just to enforce our Code of Conduct.
We believe these new voting applications will not only simplify the life
of our badgeholders but also encourage them to vote in a way that aligns
with RetroPGF's vision and goals. So, get ready for a more
user-friendly, efficient, and exciting voting experience in Round 3.
Let's make RetroPGF even better, one vote at a time!
More Tooling
The Optimism community is all about coming together to create amazing
tools that make Retroactive Public Goods Funding (RetroPGF) even better
for everyone involved. We believe that the more builders, researchers,
and regenerators who join in, the faster we'll reach our goal of
summoning Ether's Phoenix. And here's the exciting part: by contributing
to RetroPGF development, you not only help improve the system but also
earn RetroPGF rewards!
RetroPGF is all about embracing diversity. It's a place where
contributors can experiment with different ideas and approaches to solve
complex problems. We encourage multiple teams to work on various aspects
of RetroPGF to bring fresh perspectives and innovative solutions.
We've got some fantastic core applications in the works:
Supermodular and Agora are hard at work on these apps. They will
empower badgeholders to review and vote on projects. Plus, they're
designing two different voting experiences, so badgeholders can
choose what suits them best.
They're experimenting with a RetroPGF voting application. Exciting
stuff! Got Ideas?
If you're itching to contribute and need inspiration, head over to our
ecosystem contributions page
for some fantastic ideas. And if you've got an experiment or project in mind,
share it with the community in the
Governance forum. Together, we're building RetroPGF into something extraordinary. Join
us in this exciting journey!
Voting Badges
In RetroPGF 3, we're distributing voting badges to 208 community members
to ensure a fair and diverse voting process. Here's how it works:
If you're a badgeholder, you can go to the badgeholder hub to find
relevant resources and stay up to date.
Badge Distribution
Returning Badgeholders
If you voted in RetroPGF 2, you'll receive a new voting badge. Plus,
you can give one to a community member of your choice.
Top 50 Recipients of RetroPGF 2
The top 50 badgeholders from RetroPGF 2 also get to share a voting
badge with someone they choose.
The Optimism Foundation
They have 10 voting badges to distribute to community members of
their choice.
If you've got a voting badge, it's your chance to make someone's day!
Here's what to do:
If you’re a badgeholder, please use this form to tell us who should receive a voting badge.
If you’re one of the top 50 recipients of RetroPGF 2, please use this form.
Just so you know, the criteria for citizenship may change in the future,
and it'll be decided by governance. Voting in RetroPGF 3 doesn't
guarantee a permanent spot in the Citizens' House or future RetroPGF
rounds.
Rules and Code of Conduct
Badgeholders must abide by the following rules and the Code of Conduct. In case of a violation, the voting badge that has been distributed
may be revoked.
Untransferred Badge
You’re not allowed to distribute your voting badge to a co-worker
with whom you work on your primary project. “Primary” is defined as
a project to which you dedicate >25% of working hours or derive >25%
of your compensation. This rule is established to counteract the
concentration of voting badges among the members of a small number
of projects.
Be Independent
Badgeholders represent individual members of the Optimism
Collective. They can not represent a project or company in their
capacity as badgeholders.
Sharing Your Voting Badge
The Optimism Foundation has some handy guidelines for distributing
voting badges, and they encourage everyone to consider these criteria
when making their own choices:
Can this person help make RetroPGF even better as a funding
mechanism?
Is this person a pro in any of the categories we're funding in
RetroPGF?
Has this person shown a strong commitment to the long-term growth of
the Optimism ecosystem and our Collective's mission?
Can this person bring fresh perspectives and insights to the table,
enriching our evaluations?
Why this badgeholder selection method?
Learning from RetroPGF 2
In RetroPGF 2, we noticed something cool. When we allowed each badgeholder from
the previous round to choose a new badgeholder, it created a
super-committed and value-aligned group of voters. That's what we
want!
Steering Clear of Centralization
But here's the twist. Sometimes badgeholders tended to pass their
voting badges to their team members, which could lead to a bit too
much centralization. To keep things fair, we now have a rule that
stops badgeholders from picking their coworkers. We're all about
diversity!
Top 50 Recipients Rock
Those awesome top 50 recipients from RetroPGF round 2? They've shown they're totally on board with
Optimism's values, and they're committed to making RetroPGF a fair process.
We're even experimenting to see if getting a RetroPGF badge could be
a way to become a citizen in the future.
Optimism Foundation's Role
The Optimism Foundation has some badges to give away too, and
they're using the same cool criteria we mentioned earlier. But they
won't be involved in picking badgeholders or citizens in future
rounds.
Remember, the criteria for citizenship may change in the future, and
it'll be decided by the community's governance. So, we're always
evolving and improving! Let's keep the RetroPGF spirit alive and make
this journey even more exciting together!
The Future of Becoming a Citizen
In the exciting future of the Optimism Collective, the responsibility
for selecting citizens will rest with our two-house governance system. It's all about making sure that citizenship is earned based on the
reputation you build within our community.
But here's the best part: we want you, the badgeholders, and our amazing
community members, to be part of this decision-making process. We invite
you to join discussions about what reputation attributes (kind of like
endorsements) should be considered valuable when selecting future
citizens. You can share your thoughts and ideas in this thread.
By doing this, we're getting ready for the day when citizenship
selection will be in the hands of the Collective. It's all about making
sure the process is fair, transparent, and aligned with our collective
values.