[REVIEW] [GF: Phase 1 Proposal] Socket

Our proposal was part of voting cycle-6 and we had feedback from delegates and the tooling committee. Here is the summary from the report:

  • The committee and delegates were supportive of our plan to solve onboarding painpoints for Optimism protocols and supercharge their growth
  • The committee recommended we reduce our token allocation since similar proposals had been funded

We have addressed the committee’s reflection for reduction & cut down the requested token amount by half to 500K and plan to disburse it in 3-5 months.

Socket brings a unique value proposition to Optimism highlighted by the impact we have already achieved across Optimism:

We feel the current requested number will cater to the committee’s reflection and also reasonable based on our current growth numbers:

Looking forward to delegates support and happy to answer any other questions from the community!