Introduction to Optimism
Optimism represents a diverse and rapidly expanding ecosystem centered around creating a profitable global economy for public goods. It serves as a Collective where companies, contributors, and community members collaborate towards shared objectives.
Vision and Governance
Optimism aims to pioneer a novel model of digital governance, drawing inspiration from historical democracies while adapting to modern industry dynamics. Since the launch of OP mainnet nearly two years ago, Optimism has evolved, establishing governance frameworks like the Token House.
Retroactive Public Goods Funding
Optimism announces its second round of Retroactive Public Goods Funding (RetroPGF), allocating 10 million OP tokens to support public goods. This initiative coincides with the introduction of the Citizens’ House, responsible for overseeing fund allocation.
Bicameral Balance
The Citizens’ House complements the Token House, offering an identity-based, one-person one-vote system that ensures governance is resistant to capture by financial interests.
Funding Public Goods
The primary role of the Citizens’ House is to determine funding allocation for public goods, addressing critical gaps in support for open-source software and other essential components of digital infrastructure.
- Infrastructure + Dependencies: Software supporting the OP Stack, protocols, and standards.
- Tooling + Utilities: Applications, governance tools, and educational resources.
- Education: Initiatives to spread awareness and knowledge about Optimism.
RetroPGF Process
RetroPGF operates through rounds where projects are nominated, evaluated for impact, and funded based on community voting. This iterative approach aims to refine funding mechanisms over time.
RetroPGF 2 Details
For RetroPGF 2, 10 million OP tokens will be distributed across selected projects, focusing on enhancing the OP Stack’s development and usage.
Voting and Badges
Community members participate in voting through distributed badges, ensuring diverse representation in decision-making processes.
Future Directions
Future iterations of RetroPGF and the Citizens’ House will expand roles to include governance over protocol profits and criteria for citizenship.
AttestationStation and Identity-Based Governance
Optimism introduces the AttestationStation, a foundational identity registry, to pave the way for reputation-based citizenship in the Citizens’ House.
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