Perpetual Protocol: Optimism Governance's First Failure

Hello, I have a quick question… From the original GF proposal it was stated:

This implies that OP funding for grants that has been distributed already should have been matched 1:1 with PERP.

To me, it sounds like whatever OP is used, will be matched with PERP…Which excludes any previous funding the grants program may have received in PERP, as the 1:1 matching is not retroactive (otherwise, any protocol could claim that they have matched liquidity incentives, or other funding, in the past). Am I misunderstanding something here?

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