5th Citizens’ House Community Call Summary
Application Review Process:
- Over 850 RetroPGF3 applications were reviewed in the first round; 147 are pending in the second.
- An appeals process is in place for projects that were removed.
Badgeholder Manual:
- Feedback is sought on the Badgeholder Manual to guide the voting cycle.
- Recognition of the quorum issue for project voting thresholds and whether badgeholders should vote 0 or not vote at all for projects they believe have an impact gap of 0. Each application needs a minimum quorum of votes from 17 badgeholders to receive funding.
- Concerns and confusion about the voting weights and token distribution process. The Badgeholder Manual is referenced for clarity, with promises to add illustrative examples.
Impact=Profit Framework
- An Impact=Profit Framework has been developed to assess impact across various categories. It’s designed to aid badgeholders in evaluating projects by providing high-signal impact indicators.
- Discussion about balancing projects that extract more profit than have generated impact. A proposal is suggested to implement a threshold. Concerns about setting profitability thresholds are raised that might disincentivize exceeding allocated amounts.
Impact Evaluation Framework:
- Impact Evaluation Framework to be used for projects, stressing meaningful metrics.
- Importance of evaluating projects on performance, security, resilience, and metrics, especially in impact to the Optimism Collective.
Workshops:
- Jonas and Griff will be at Devconnect. Onchain Summit Workshop
- Meeting preparations for gathering RetroPGF folks in Istanbul, seeking volunteers for hosting.
- Upcoming impact evaluation workshops for badgeholders, with content to be available on YouTube.