Retro Funding Round 3
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
- Project Applications: September 19th - October 23rd
- Voting: November 6th - December 7th
- Results & Token Disbursement: January, 2024
Results
👉 You can view the Mirror post announcing the RetroPGF Round 3 recipients here (opens in a new tab) and the official results on Agora (opens in a new tab).
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 [email protected].
You can view the written retrospective with the learnings & reflections on RetroPGF 3 here (opens in a new tab).
Voting
👉 Voting was live from November 6th - December 7th. There were two applications badgeholders could use to vote in RetroPGF 3:
- West - https://round3.optimism.io/ (opens in a new tab)
- Agora - https://vote.optimism.io/ (opens in a new tab)
In addition, there's useful tooling that has been built to support badgeholders:
- Pairwise (opens in a new tab) - Gamifying list creation by categorizing applicants into small groups for experts' pairwise comparison.
- OpenSource Observer (opens in a new tab) - An Analytics platform for impact metrics on Retro Funding applications
Badgeholders can find all the information relevant for voting in the Badgeholder Manual (opens in a new tab)
Project Applications
👉 You can see applications on the voting applications from Agora (opens in a new tab) and West (opens in a new tab)
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!
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 (opens in a new tab)
Badgeholders
- In RetroPGF 3, there were 146 badgeholders who were selected via a multitude of methods. Find out more details about this process here (opens in a new tab)
- If you're a badgeholder, you can go to the badgeholder hub to find relevant resources and stay up to date.
- If you want to find out more about how voting in RetroPGF 3 works, check out the Round Design documentation (opens in a new tab)
FAQ
Q: Did my contribution need to have taken place between the end of round 2
and beginning of round 3?
A: No, all contributions that have supported the development and adoption of Optimism are considered, no matter when they took place.
Q: Were projects nominated?
A: There was no nomination process, instead projects directly applied for RetroPGF 3.
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 eligible. Badgeholders uphold the principle of "impact = profit", where individuals should receive profit equal to the impact they provided to the Optimism Collective.
Q: If I received rewards in RetroPGF 2, was I able to sign up for Round 3
with the same contribution?
Yes, you were able to apply again with the same contribution. We asked that you include the rewards you received in Round 2 in your "Grants and Funding" section of your application.
Q: Are Retro Funding rewards subject to a 1 year lock-up?
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 Retro Funding
token allocation?
Round 3 rewards are sourced from the Retro Funding token allocation (opens in a new tab). 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 Retro Funding!