Optimism allocates 850 million OP rewards to the RetroPGF ecosystem! 90 million OP will be unlocked at the end of the month

Optimism, a second-layer Ethereum solution, has launched the RetroPGF program (Retroactive Public Goods Funding) to support its ecosystem. The program completed its third round in mid-January this year, with a total of 30 million OP tokens distributed to contributors to the Optimism ecosystem.

Today, Optimism officially published an article on the new generation of RetroPGF on the staff of. Based on the current OP price of $3.97, the total value of these rewards exceeds $3.374 billion.

RetroPGF in the New Era

According to the official announcement, RetroPGF from the fourth to seventh rounds will introduce "specific contribution topics", which will help developers understand more clearly what aspects Contributions are rewarded, driving more targeted and goal-oriented development.

Specifically, the specific topics that each round will focus on are as follows:

2024/5-Onchain Builders

This round aims to pass incentives Those on-chain builders who have made outstanding contributions to Optimism to increase demand for block space and drive the value of the Collective. This round of rewards will focus on rewarding cross-superchain builders, encouraging them to bring new users to the superchain and promote network effects and protocol usage. The efforts of these builders promote the development of the Optimism ecosystem, bringing more opportunities and potential to the entire community.

Note: Optimism Collective is a team composed of communities, companies and citizens, temporarily managed by the Optimism Foundation, aiming to promote the governance and development of its ecology.

2024/8-OP Stack

This round focuses on strengthening the core components of Optimism infrastructure, rewarding contributions and improvements to OP Stack and its basic elements.

2024/8-Governance

This round rewards contributions to governance infrastructure such as decentralized governance, process improvement, and voting mechanisms, including research and analysis tools.

2024/10-Developer Tools

This round rewards contributors who simplify the development process, from SDKs to testing frameworks, creating a more efficient and productive development environment on the super chain .

In addition, the official provides "BuilderIdeas (Builder Ideas)" to guide developers in the direction of creation, and further pointed out that more detailed information will be provided in each round.

92.29 million OP will be unlocked in two days

It is worth paying attention to investors that OP will face a large amount of unlocking in less than two days. Data from Token Unlocks shows that after 91.56 million OPs were unlocked last month, another 92.29 million OPs will be unlocked in less than two days (3/29), worth over US$360 million, including 4,871 core contributors. 10,000 OP and 43.58 million OP from investors, accounting for 2.4% of the circulating supply.

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