Retro Funding 4: Voting Rationale Thread

the metrics I have chosen:

  1. Total Transactions: (20%) Fundamental metrics to evaluate the activity, health, and performance of a blockchain or network, offering insights into user engagement, economic activity, and overall network dynamics.

  2. Logscale Gas Fees: (26%) Logscale Gas Fees provide a more effective way to visualize and analyze gas fees, especially when dealing with widely varying data, enabling better insights and decision-making.

    Example:

    • Linear Scale: If gas fees range from 1 to 10,000 Gwei, a linear scale might compress most data points at the lower end, making it difficult to see variations among smaller values.
    • Logarithmic Scale: The same range represented on a logarithmic scale (e.g., base 10) would spread data points more evenly, allowing for better visibility of variations across the entire range.
  3. Interactions from Trusted Optimism Users: (18%) Users who are considered “trusted” have usually passed verification or have a good reputation in the community, indicating a higher level of trust in the ecosystem.

  4. Trusted Optimism Users’ Share of Total Interactions: (24%) Metrics that help understand the contribution and impact of users considered trusted in the Optimism ecosystem, which can ultimately affect network quality and reliability.

5.User Onboarded : (12%) create a positive user experience and long-term engagement.

Metrics I do not like:

  1. Logscale Total Transaction: Refers to the representation of the total number of transactions occurring on the network in a logarithmic scale and concerns about potential spam transaction activities.

  2. Recurring Address: Spam potential.

I added a 2.6 multiplier to the Open Source Project funding this time.

Tools that are very helpful in this RF4:
1. Github
2. Retrolist
3. Pairwise By @Griff Pairwise is LIVE! We invite you to signal in Retro Funding 4
4. OSS

6 Likes