Be optimistic! ❣️🌞
RetroPGF is thoroughly explored starting at 2:22:22 and described as ‘backwards looking’, similarly to how Eden Fractal, fractally and Pomelo work. This is about funding people on what they have done in the past - i.e. retroactively. Dan gives an example of great thinkers such as Vitalik Buterin and Dan Larimer that have inspired the idea about it being easier to allocate funding and decide how much things are helping after you see it happened.
This analogy is a big and central core part of the Eden Fractal meetings as players rank each other’s contributions based on what is done in the past week or so. This is done weekly in a live environment in the breakout rooms during the respect games and all participants rank each other starting from Level 6 and work their way downwards to Level 1 by ‘who contributed the most to Eden Fractal’. All vote and consensus is reached for each level (2/3s) in order to proceed. All players submit their consensus votes for each level on chain and then rewards get distributed based on the fibonacci ratio starting with Level 6 as the highest. A list of some fractal communities that have played these consensus games is presented during 44:53, which can help you understand with the scope of fractal opportunities.
Contributions in fractal community are rewarded retroactively, which aligns with RetroPGF’s core model and beliefs about rewarding contributions on past performance.
EF 68: Planting Optimism Fractal
What are the best growth opportunities for communities creating public goods? We explore the new Optimism Fractal grant proposal, RetroPGF, and other grants to fund public goods creators in the Optimism Ecosystem 🌱