10-min introduction to Retroactive Public Goods Funding

10-min introduction to Retroactive Public Goods Funding

Welcome to the Optimism Collective 🔴✨

The Optimism Collective is a new model of digital democratic governance. It is a band of communities, companies, and citizens united by the axiom of “impact=profit” — the principle that positive impact to the Collective should be rewarded to the individual.

Retroactive Public Goods Funding (Retro Funding) is the Collective’s approach to foster a new economic system where “impact=profit.”

The goal of Retro Funding to create ongoing and reliable incentives to contribute positive impact to Optimism. You can think of this as a new market-like structure that functions as a flywheel.

You’re here to play a crucial role as a Guest Voter, helping to direct which projects created the most impact

6️⃣ Retro Funding Round 6:

Round 6 will reward contributions to Optimism Governance, including governance infrastructure & tooling, governance analytics, and governance leadership.

• Detailed information around the Round 6 scope
• Detailed information about the guest voter participation

📝 What are my Responsibilities as a Guest Voter?

As a guest voter - you play a crucial role in Round 6. Here is a breakdown of some the expectations regarding your time and responsibilities:

• [ ] Participate in the onboarding process
• [ ] Participate in relevant calls (i.e., generally be available for any key workshops or important calls regarding Round 6)
• [ ] Participate in relevant forum discussions via the governance forum, paying particular attention to the Retro Funding category: gov.optimism.io/c/retrofunding
  • Any relevant forum discussions will likely be flagged to you via telegram
• [ ] Vote in Round 6 🗳️

Keep in mind that being a Guest Voter in Round 6 does not entitle you to vote in future rounds or protocol upgrade vetos.

Timeline:

1. Project sign up: October 1st - October 14th
2. Application Review Process: October 14th - October 28th
3. Voting: October 28th - November 7th 👈 this is where we need you !!
4. Results: November 19th