Optimism has allocated 850 million OP to Retro Funding

ChainCatcher message, The Optimism Collective announced that it has allocated 850 million OP tokens to the Retro Funding for public goods. Retro Funding will operate through targeted and categorized rounds, rewarding various categories of work that cover protocol and infrastructure development, end-user experience, adoption, governance improvements, and enhancements to the OP Stack. Projects in the OP Chain ecosystem, including Base, Mode, Zora, Farcaster, sound.xyz, are all eligible for Retro Funding grants.

Among them, Retro Funding 4 will reward on-chain builders who contributed to the success of Optimism, with applications open in May 2024. Retro Funding 5 will reward contributions to the OP Stack and improvements to the fundamental elements of Optimism infrastructure, with applications open in August 2024. Retro Funding 6 focuses on governance, while Retro Funding 7 focuses on development tools.