- Ethereum Co-Founder Vitalik Buterin praised Optimism’s dedication to funding public goods.
- Optimism’s RetroPGF Round 3 distributed over $100 million, allocating 30 million OP to 501 contributors.
- The rewarded contributors covered various roles, including builders, writers, creators, educators, and contributors.
In a recent tweet, Ethereum Co-Founder Vitalik Buterin commended Optimism’s dedication to funding public goods. The praise follows the distribution of over $100 million in the third round of Optimism’s RetroPGF (Retroactive Public Goods Funding) initiative.
In the tweet, Buterin emphasized Optimism’s role in supporting developers and contributors while lacking a conventional business model.
Optimism’s RetroPGF Round 3, as announced on their official Twitter account, allocated 30 million OP (Optimism token) to contributors instrumental in building public goods that power the Optimism Collective.
The recipients, numbering 501, spanned various roles such as builders, writers, creators, educators, and contributors across the Optimism ecosystem.
The rewarded contributors were acknowledged for their impact in four crucial categories: OP Stack, Collective Governance, Developer Ecosystem, and End User Experience and Adoption. The full list of awardees is available on Optimism’s platform.
RetroPGF serves as an economic flywheel, fostering a positive impact within the Optimism Collective. By supporting contributors in the development of public goods, RetroPGF ensures that core tools and infrastructure vital for blockchain operations and thriving ecosystems receive ongoing resources.
Despite Vitalik Buterin’s positive comments, the market response to Optimism’s native token hasn’t been that optimistic. OP has seen a slight dip of 0.7% in the last 24 hours. However, the coin has displayed resilience, with a 7.2% increase over the past week and a notable 69.7% surge in the last 30 days, according to data from CoinGecko.
Ethereum, on the other hand, has been on a bull run recently. ETH is up by over 15.6% in the last seven days, fueled by the approval of Bitcoin ETF applications in the U.S.
Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.
