Optimism Forum Weekly Recap (April 22 - April 28, 2024)

gm Optimism Collective :red_circle: :sparkles:

We are ‘daospace’; a DAO discovery platform that aggregates contributions across different DAOs. We are one of the winners of the Hedgey RPGF Grant by @Lindsey. We will be providing value to the Optimism Collective by helping contributors alleviate information overload by giving access to one of our beta features: Automated AI Summaries, which will launch within our dApp in the future. Below is a summary of every topic made within the OP Governance Forum from last week.

Feel free to leave us feedback in the comments below. You can get in touch with the daospace team on X (Twitter), or reach out to the founders directly on X as well: Jaris James & Sixty

Regarding tokenized art, local cultural impact and RPGF4

Created: 2024-04-22
Summary
The topic discussed here is the NewtroArts project founded by Bulls, an artist and founder of a collective of web3 artists and cultural managers from Latin America. The project focuses on creating impact in the art world, both on-chain and off-chain, through initiatives like educational workshops, artist collaborations, art residencies, equipment acquisitions, exhibitions, and community building. The user, Bulls from NewtroArts, shared their experience with RPGF3 and discussed concerns regarding the recent changes in the “Builder’s round” of RPGF4. They expressed sadness that their project can no longer apply to RPGF due to the shift in focus towards Token House Missions. The user emphasized the importance of financial support for projects like theirs and expressed willingness to share knowledge with other artist collectives. Overall, they called for a discussion on how to improve support for cultural arts and blockchain projects.

QuantumFair - OP’s OnChain Raffle live

Created: 2024-04-23
Summary
A new Onchain raffle has been launched on Optimism by QuantumFair, offering a chance to win around $1,000 worth of Velodrome veNFT. Raffle tickets are priced at 1 DAI each. More information can be found on QuantumFair’s website. This initiative has been shared on Twitter with further details.

Retro Funding 4: Application process

Created: 2024-04-24
Summary
The discussion focuses on improvements for the Retroactive Public Goods Funding (Retro Funding) Round 4 sign-up and application process. Feedback from Round 3 highlighted the need for reliable data on impact and standardized metrics, stronger eligibility criteria, and shorter application windows. To enhance the process, project artifacts are now collected to inform future rounds. To streamline and enhance identity management, a new Farcaster sign-in process replaces connecting wallets, allowing for account recovery and persistent identity. Projects need to be created separately from applications, fostering persistent project identities and enabling team member changes. Additional improvements include collecting funding information, email changes, and stronger eligibility criteria. These changes are seen as foundational elements for the evolving identity layer of the system.

Retro Funding: Application Review Process

Created: 2024-04-24
Summary
This post outlines a framework for the application review process for future Retroactive Public Goods Funding (Retro Funding) rounds, specifically focusing on Retro Funding 4. The application review process aims to determine the eligibility of applicants, enforce application rules, and minimize human review efforts. Learnings from past rounds, such as Retro Funding 3, guide the improvement efforts for Retro Funding 4. The proposed process includes automated filtering, badgeholder review, appeals, and attestation phases. Key goals include minimizing human review, reducing duplicate work, and maximizing consistency in rule enforcement. Eligibility criteria and application rules are established, and applicants go through a structured review process to ensure compliance. The post also highlights the eligibility criteria and draft application rules for Retro Funding 4, emphasizing clarity, quality, and fairness in the selection process. The framework seeks to strike a balance between inclusivity and operational efficiency to streamline the application review process for Retro Funding 4.

Joint House Speed Networking! [Friday, April 26th @ 17:00 UTC - 13:00 ET - 19:00 CET]

Created: 2024-04-25
Summary
An upcoming speed networking event will bring together members from both houses for 5-minute one-on-one sessions. The event organized by Michael promises to be an engaging opportunity for participants to mingle and connect across different backgrounds. The Zoom link to the event is provided along with the passcode. The gatherings are known to be enjoyable and informative, encouraging attendees to join and make new connections.

Introducing Backstop Grants

Created: 2024-04-26
Summary
The Optimism Collective, in pursuit of a future where public goods like open-source software can thrive, is exploring Retroactive Public Goods Funding (Retro Funding) as a core concept. To support teams in committing full-time to the Collective, they are experimenting with “backstop grants” as a temporary measure. These grants provide teams with a minimum value of funding over a defined timeframe and scope of work, with the expectation that the recipients will shift towards Retro Funding in the long term. The success of this program will be determined by increased team commitments and teams receiving Retro Funding equal to or exceeding their backstop grant amounts.

Grants Council - Cycle 22 Preliminary Review Roundup

Created: 2024-04-26
Summary
The Cycle 22 Preliminary Review has concluded with 234 applications received in total. After 37 applications were declined, 197 applications were scored by two reviewers each based on their respective subcommittees. The Developer Advisory Board’s increased involvement led to the Grants Council prioritizing intent 1 scores and providing the final list to them on April 17. The Growth, Builders, and Milestones and Metrics Subcommittees reviewed and scored various mission requests which will lead to the selection of finalists by May 8. The Grants Council is voting on including the Polynomial Referral & Optimistic Indexer proposal in the preliminary review due to guidance issues during submission. The entire Grants Council was praised for meeting a tight deadline.

Grants Council Communication Thread

Created: 2024-04-26
Summary
The Grants Council is a vital component of the Optimism ecosystem, functioning under the delegation from Token House. Its primary objective is to process Delegate Mission Applications in accordance with established procedures, review applications periodically, publish reports on grant finalists, monitor grant recipients’ progress, maintain transparency, and ease the workload on delegates. The council is structured into three Sub-Committees - Builders, Growth Experiments, and Milestones & Metrics, each tasked with specific responsibilities aimed at advancing the Governance Fund charter. In Season 5, the council operates with three key roles - Communications Lead, Operations Lead, and Milestone and Metrics Lead, held by Katie Garcia, Gonna.eth, and Jun (Pgov) respectively. The Grants Council in Season 5 operates for two rounds, following a detailed calendar. It holds the authority to determine grant recipients, but does not issue or distribute grants, with the Foundation managing grant implementation. For further details, refer to the Season 5 Grants Council Charter and related announcements.

Missing Grant Application Feedback - Season 5

Created: 2024-04-26
Summary
The topic is about the frustration and disappointment of a developer whose applications for season 5, specifically on “CharmVerse - the all-in-one web3 space”, were rejected without receiving any feedback or comments. The developer expresses understanding that rejections happen but emphasizes the importance of constructive feedback. The lack of feedback is seen as disrespectful and lacking transparency, raising concerns about the fairness and effectiveness of the application review process for all applicants.

GovScore Updates (Hedgey RPGF Re-Grant Winner)

Created: 2024-04-27
Summary

GovScore, one of the winners of the Hedgey RPGF Grant program for projects focusing on Optimism, will provide bi-weekly updates for 3 months to showcase their progress to the Optimism community. The project submission can be viewed for more context, and the team is enthusiastic about building on Optimism.

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