Retro Funding 6: Key Areas of Focus
RetroFunding 6 is tailored toward recognizing significant contributions within Optimism's governance ecosystem between October 2023 and September 2024. The program focuses on the following areas:
- Governance Infrastructure & Tooling: This includes efforts that have helped streamline and optimize governance processes, such as improving proposal-making systems, voting platforms, and integration of governance tools.
- Governance Analytics: Contributions here revolve around data transparency and analysis. If you’ve worked on initiatives that make governance data more accessible or help drive decision-making through insights, this is the category for you.
- Governance Leadership: If you've played a leadership role in community-building, proposal coordination, or decision-making, this category rewards the long-term influence you've had on the governance model of Optimism.
Funding and Token Distribution
The RetroFunding 6 round will see between 1.1M and 3.5M OP tokens distributed, depending on community votes. This round emphasizes democratic funding, where Optimism Citizens — community members recognized for their governance contributions — will vote on who receives funding. The exact amount allocated to any given project depends on both the strength of the contribution and the voting results.
This tokenized approach ensures that community leaders and contributors who have helped build governance structures receive fair compensation. As this governance round focuses on community-led initiatives, the distribution will reflect the community's collective judgment on impactful projects.
Application and Voting Timelines
To participate, here are the critical dates:
- Applications Open: October 1st – October 14th, 2024.
This window is short, so ensure you compile all your key contributions and impact summaries before this period closes. - Voting Starts: October 28th, 2024.
Optimism Citizens will have time to analyze and weigh each application. If you're an applicant, remember to campaign and network within the community to highlight your contributions. - Results Announced: November 19th, 2024.
Funding decisions will be finalized based on community votes, and the successful projects will be awarded their OP tokens.
How to Submit a Strong Application
For RetroFunding 6, the goal is to demonstrate clear impact. Optimism’s governance-centric funding is looking for projects that tangibly improve governance mechanisms. Your application should:
- Highlight quantifiable impacts: Show data that underscores how your tools, analytics, or leadership influenced decision-making processes or improved governance participation.
- Provide community feedback: Include endorsements from other community members or Optimism Citizens if possible, as peer acknowledgment can strengthen your claim.
- Focus on longevity and innovation: Emphasize not just immediate results but also how your contribution will positively influence Optimism governance in the long term.
For more details, visit the official RetroFunding 6 page.