Optimism to Distribute 10 million $OP in Its Second Round of Retroactive Public Goods Funding

Optimism is announcing its second round of Retroactive Public Goods Funding, which will distribute 10 million $OP tokens to fund public goods that support the development and usage of the OP Stack in January 2023. Optimism will also introduce the first iteration of the Citizens’ House to govern how this funding is allocated. Categories of public goods that can be nominated in RetroPGF 2 include infrastructure, tooling, education, etc. The process is as follows:

• Anyone may nominate projects or individuals for funding from January 3 - 17 on the Optimism Governance Forum.
• In order to be eligible for funding, nominated projects or individuals must complete a project profile in the Gitcoin Grants Hub between January 3 - 24.
• RetroPGF 2 badgeholders will vote on how to allocate funding to projects. Voting will take place from January 31 through February 10.
• Results will be announced in late February.

Voting badges for RetroPGF 2 will be distributed to 90 community members. Each badgeholder in RetroPGF 1 will receive a new voting badge. Optimism's Token House will elect ten badgeholders. The Optimism Foundation will distribute 21 voting badges to community members.