Earlier this year, the Optimism Collective announced the third round of Retroactive Public Goods Funding (RetroPGF). As of today, applications for RetroPGF Round 3 are open! Round 3 will allocate 30 million OP to builders, artists, creators, and educators who have demonstrated their impact in building the Optimism Collective.

This month marked a momentous first for Ethereum: a publicly listed US company launched its very own OP Chain powered by Optimism.

The OP Stack was built to be the most forkable, modular scaling infrastructure out there. When we introduced it, we explained that it was our bet on the ingenuity of the entire Ethereum community.

The Optimism Collective is governed by a two-house system. This post provides an overview of the goals, design principles, and problem spaces of Optimism Governance.

The Optimism Collective is excited to announce the third round of RetroPGF. This fall, 30 million OP will be distributed to builders, creators, and educators who have provided positive impact to the Optimism Collective. If you want to get started building, head to our Ecosystem Contributions board to find a project.

Retroactive Public Goods Funding (RetroPGF) is one of the leading economic experiments to help decentralize and grow crypto ecosystems. While still in its very early days, the Optimism Collective is excited to lead the charge on RetroPGF experimentation, and we aim to inspire more builders to contribute to the Optimism ecosystem with the hope – and expectation – of getting funded retroactively for their contributions.

The Optimism Collective is building community governance through experimentation. In Season 4, the Collective will run several key experiments designed to increase community involvement in the gradual decentralization of Optimism.

RetroPGF 2 is the Collective’s next experiment in allocating public goods funding. In this round, approximately 70 badgeholders -- early "citizens" voted to allocate 10M OP. The results are in!

Optimism was built to empower humanity through decentralized blockchain technology. And there is a lot to celebrate. But if Ethereum is to rival the goliaths of web2, and take software’s next bite of the world, it needs internet-level scale.