Big picture
All your feedback on these recent changes is valuable, but it’s also important to keep these changes in perspective within the longer term vision.
To date, we’ve had infrequent rounds, which occurred twice a year or less, with a very broad scope. In Retro Funding 3, one of the most popular requests from badgeholders and the community has been to reduce and clarify the scope of retro rounds.
Decisions about these upcoming rounds were made by the Foundation. Now we have announced 4 rounds in 2024, with pre-defined scopes, so that builders know in advance what is likely to be rewarded and when. These decisions were heavily informed by extensive documentation of learnings from Retro Funding 3.
We have launched a Feedback Commission to involve 10 highly engaged Citizens in the design of these rounds.
Citizens will begin to ratify round sizing in Round 6 and can expect to ratify scope as well in the near future. These are all huge steps forward towards our vision, but we are still far from the end state. The Foundation plays an active role in guiding the Collective through this transition, but we remain committed to phasing ourselves out of this role in the same iterative and collaborative way as is always our approach. Nothing has changed in terms of our approach, vision, or commitment to public goods and/or the empowerment of Citizens in this process. Progressive decentralisation is not easy or linear, and can be frustrating. Your commitment to continue to engage and shape the Collective throughout this process is what makes the Optimism Collective so special!