Season 8 Intent

Unfortunately, when both the Milestone & Metrics and Grants Council budgets were created back in December, neither included a proper dashboard for tracking TVL growth, with the assumption that this was going to be done more broadly by The Foundation’s analytics team.

As evidenced by past analyses (see S6 growth grant analysis), the Foundation remains committed to supporting the Grants Council with the measurement capabilities necessary to make more informed token allocation decisions in future seasons. As part of this ongoing commitment, the Foundation is working closely with OpenSource Observer to assess the impact of the Grants Council’s grants in S7, and we expect to publish the results later this week.

As mentioned before, I’d caution against attributing all of the TVL growth to a single intervention, especially given that multiple interventions are being implemented concurrently. To more accurately estimate causality and isolate the treatment effect, quasi-experimental methods, such as synthetic controls or regression discontinuity design, are required.

Disclaimer: I work for the Optimism Foundation, but views are my own.