Profile of jade in Optimism
Posts by jade
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Quadratic Funding + Retro: Token Engineering the Superchain!
by jade - No Role
Posted on: Aug. 16, 2024, 9:55 a.m.
Content: Help test a new type of Gitcoin round that boosts the votes of Superchain stakeholders!
1600 × 317 303 KB
Token Engineering the Superchain is attracting token engineering practitioners and projects to the Superchain – and it’s now live on Gitcoin 3 ! Your participation will have a substantial impact in deciding which projects receive the round’s $ 60 K matching pool.
With just a few minutes of your time right now, you can also help test this new approach to seed funding impact on the Superchain. The Token Engineering Commons (TEC) is using a new approach called “Tunable Quadratic Funding” (TQF) to ‘boost’ the Quadratic Funding impact of Gitcoin contributions based on two factors:
Amplifying the Voice of Superchain Governance:
This Gitcoin round is designed to drive token engineering impact into the Superchain – and who better to shape that impact than the Superchain community itself? That’s why the TEC is using TQF to boost the voting power of OP badgeholders, delegates, and token holders.
Expertise-Boosted Quadratic Funding:
The TEC also uses TQF to boost votes for Gitcoin round participants with demonstrated token engineering expertise 2 . It’s our way of combining the participatory power of Quadratic Funding with Subject Matter Expertise in our capital allocation programs. It’s a complementary approach to Optimism’s experiments in incorporating “guest voters with expertise.”
Proactive Seeds, Retroactive Rewards
Your participation in this Gitcoin round also helps test another innovation in capital allocation: integrating Quadratic Funding and Retro Funding! The Quadratic Funding round serves as up-front seed funding that projects use to generate Superchain impact. Later this year, the TEC will run a follow-on retro round with Gitcoin’s EasyRetro 1 to retroactively reward these projects based on their actual impact, tracked in Karma GAP 1 .
“Niche Retro”
This innovative approach to combining quadratic and retro funding enables the TEC to micro-target capital allocations to a specific domain of expertise. It’s what we call “Niche Retro” funding, and while our focus is on generating token engineering impact in the Superchain, we see this approach being replicated in other domains as well, such as gaming, defi, security audits, and much more.
Data-Driven Learning & Iteration
The TEC migrated to OP Mainnet in 2023 . It is our home and we are committed to helping the Superchain on its path to open metagovernance. To this end, we will be publicly sharing our findings from this experiment in the OP Forum as we iterate together in making the Superchain the most trustworthy of all blockchain ecosystems.
It’s Easy
Your participation in this experiment couldn’t be easier. With just a few minutes of your time and some donations of as little as 1 $OP, you can have a big influence on which projects get the biggest share of the $ 60 K matching pool contributed by Gitcoin and the TEC. These projects will then be eligible for the follow-on retro funding round later this year!
Just pop over to our Gitcoin round 3 right now, find a few projects you think will have a good impact on the Superchain, and cast your votes right now!
One last thing! If you’re interested in getting involved in this experiment or the TEC more generally, please just drop us a note in the comments below. We’d love your help!
Likes: 12
Replies: 0
Likers:
gideonro,
MontyMerlin,
bear100,
xenofon,
Sov,
tbsoc,
SuperchainEco,
Efra,
LuukDAO,
Griff,
KarlaGod,
DanSingjoy
No replies yet.
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Quadratic Funding + Retro: Token Engineering the Superchain!
by jade - No Role
Posted on: Aug. 16, 2024, 9:55 a.m.
Content: Help test a new type of Gitcoin round that boosts the votes of Superchain stakeholders!
1600 × 317 303 KB
Token Engineering the Superchain is attracting token engineering practitioners and projects to the Superchain – and it’s now live on Gitcoin! Your participation will have a substantial impact in deciding which projects receive the round’s $ 60 K matching pool.
With just a few minutes of your time right now, you can also help test this new approach to seed funding impact on the Superchain. The Token Engineering Commons (TEC) is using a new approach called “Tunable Quadratic Funding” (TQF) to ‘boost’ the Quadratic Funding impact of Gitcoin contributions based on two factors:
Amplifying the Voice of Superchain Governance:
This Gitcoin round is designed to drive token engineering impact into the Superchain – and who better to shape that impact than the Superchain community itself? That’s why the TEC is using TQF to boost the voting power of OP badgeholders, delegates, and token holders.
Expertise-Boosted Quadratic Funding:
The TEC also uses TQF to boost votes for Gitcoin round participants with demonstrated token engineering expertise. It’s our way of combining the participatory power of Quadratic Funding with Subject Matter Expertise in our capital allocation programs. It’s a complementary approach to Optimism’s experiments in incorporating “guest voters with expertise.”
Proactive Seeds, Retroactive Rewards
Your participation in this Gitcoin round also helps test another innovation in capital allocation: integrating Quadratic Funding and Retro Funding! The Quadratic Funding round serves as up-front seed funding that projects use to generate Superchain impact. Later this year, the TEC will run a follow-on retro round with Gitcoin’s EasyRetro to retroactively reward these projects based on their actual impact, tracked in Karma GAP.
“Niche Retro”
This innovative approach to combining quadratic and retro funding enables the TEC to micro-target capital allocations to a specific domain of expertise. It’s what we call “Niche Retro” funding, and while our focus is on generating token engineering impact in the Superchain, we see this approach being replicated in other domains as well, such as gaming, defi, security audits, and much more.
Data-Driven Learning & Iteration
The TEC migrated to OP Mainnet in 2023 . It is our home and we are committed to helping the Superchain on its path to open metagovernance. To this end, we will be publicly sharing our findings from this experiment in the OP Forum as we iterate together in making the Superchain the most trustworthy of all blockchain ecosystems.
It’s Easy
Your participation in this experiment couldn’t be easier. With just a few minutes of your time and some donations of as little as 1 $OP, you can have a big influence on which projects get the biggest share of the $ 60 K matching pool contributed by Gitcoin and the TEC. These projects will then be eligible for the follow-on retro funding round later this year!
Just pop over to our Gitcoin round right now, find a few projects you think will have a good impact on the Superchain, and cast your votes right now!
One last thing! If you’re interested in getting involved in this experiment or the TEC more generally, please just drop us a note in the comments below. We’d love your help!
Likes: 12
Replies: 0
Likers:
gideonro,
MontyMerlin,
bear100,
xenofon,
Sov,
tbsoc,
SuperchainEco,
Efra,
LuukDAO,
Griff,
KarlaGod,
DanSingjoy
No replies yet.
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Token Engineering the Superchain
by jade - No Role
Posted on: July 31, 2024, 3:28 p.m.
Content: Below we compare the two main signal combinations in our GG 21 round: “TTP” ( TEA NFT credentials, $TEC holdings, and Praise points) and “TTPO” (which adds the Optimism Delegate signal to “TTP”).
700 × 600 31 . 7 KB
Likes: 1
Replies: 0
No replies yet.
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Token Engineering the Superchain
by jade - No Role
Posted on: July 31, 2024, 2:12 p.m.
Content: Testing Hybrid Funding Experiments for the OP Ecosystem
Calling All OP Badgeholders and Delegates
We invite you to participate in a series of experiments in the second half of 2024 . Our goal is to promote token engineering within the Optimism and Superchain ecosystems.
This initiative will test a novel approach to linking a Quadratic Funding (QF) seed round with a follow-on Retroactive Funding round that rewards impact generated by the seed round. The experiment also integrates a novel capital allocation mechanism called Tunable Quadratic Funding (TQF), which allows us to augment normal QF rounds by specifically looking for Subject Matter Expertise and boosting the weight of OP delegates and badgeholders donating even small amounts to token engineering projects in our Gitcoin round.
We’re looking for community members who believe in the importance of trustworthy blockchain systems and are interested in seeing token engineering practices blossom within the Superchain. As such, we think this experiment could be of interest to Optimism’s future development of retroactive funding and governance.
How to Get Involved
Track our Live Round 4 on Gitcoin: Check out and support the projects participating in our current funding round. Because of our TQF boosts for OP delegates and badgeholders, your contributions and votes can make a significant impact.
Join our Community: For more information and to stay connected, visit our Join Page 3 . Here, you can find links to our social media accounts, forum, Medium articles, YouTube channel, and upcoming events. This central hub will keep you informed about all our activities and updates.
1600 × 253 232 KB
The Experiment
Duration: August through December 2024
Funding: TEC will invest $ 50 k between two rounds and Gitcoin is contributing an additional match of $ 50 k 2 for the Quadratic Funding round.
Round 1 : GG 21 Quadratic Funding Round
We will run a Tunable Quadratic Funding (TQF) round on Gitcoin Grants 21 in August, with a few important modifications from the TEC’s previous four Gitcoin rounds:
Superchain Impact: Projects must present a plan for catalyzing token engineering adoption and impact in the Superchain.
Superchain Voting Boosts: In addition to our current practice of using TQF to boost votes with token engineering expertise, this round will boost votes for Superchain stakeholders (badge holders, top delegates, and “trusted users”).
TQF Success in Previous Round: Our previous implementation of TQF distributing $TEC in Gitcoin Grants 20 boosted Optimism-based projects. By incorporating an OP delegate signal into our funding mechanism, we observed a noticeable increase in support for projects focused on the Optimism ecosystem. This success validates our approach and reinforces our confidence in using TQF to align funding with community priorities and expertise in the Superchain.
As part of our ongoing commitment to the Optimism ecosystem, it’s worth noting that our $TEC token is a native OP token. This aligns with our broader mission to promote token engineering within the Optimism and Superchain ecosystems, extending beyond these specific funding experiments.
Round 2 : TEC Retro
The retroactive funding round is currently slated for November and will use Gitcoin’s EasyRetro on Allo Protocol. It features:
TQF Recipients: Only recipients of the above August TQF round will be eligible.
Superchain Impact: Retro awards will recognize progress against plans from Round 1 applications, broken into two milestones:
Early September: Completion of an impact plan using Karma.
Late October: Progress on grantee-specified impact goals.
Two Badgeholder Groups: Awards will be decided by a panel of badgeholders with a mix of experience in token engineering and Superchain governance and stewardship.
Educating the Superchain
Throughout this project, TEC will organize events and communications to explain token engineering and highlight grantees’ work to Superchain governors, stewards, builders, and other key stakeholders.
Join the Token Engineering Movement
We’re looking for Superchain community members with an interest in token engineering and the underlying premise of building trustworthy blockchain systems. Feel free to drop a reply to this post if you are interested in working with the TEC towards this goal.
Here’s a link to an article on Medium 4 that explains these plans in more detail.
Likes: 6
Replies: 0
No replies yet.
-
Token Engineering the Superchain
by jade - No Role
Posted on: July 31, 2024, 2:12 p.m.
Content: Testing Hybrid Funding Experiments for the OP Ecosystem
Calling All OP Badgeholders and Delegates
We invite you to participate in a series of experiments in the second half of 2024 . Our goal is to promote token engineering within the Optimism and Superchain ecosystems.
This initiative will test a novel approach to linking a Quadratic Funding (QF) seed round with a follow-on Retroactive Funding round that rewards impact generated by the seed round. The experiment also integrates a novel capital allocation mechanism called Tunable Quadratic Funding (TQF), which allows us to augment normal QF rounds by specifically looking for Subject Matter Expertise and boosting the weight of OP delegates and badgeholders donating even small amounts to token engineering projects in our Gitcoin round.
We’re looking for community members who believe in the importance of trustworthy blockchain systems and are interested in seeing token engineering practices blossom within the Superchain. As such, we think this experiment could be of interest to Optimism’s future development of retroactive funding and governance.
How to Get Involved
Track our Live Round on Gitcoin: Check out and support the projects participating in our current funding round. Because of our TQF boosts for OP delegates and badgeholders, your contributions and votes can make a significant impact.
Join our Community: For more information and to stay connected, visit our Join Page. Here, you can find links to our social media accounts, forum, Medium articles, YouTube channel, and upcoming events. This central hub will keep you informed about all our activities and updates.
1600 × 253 232 KB
The Experiment
Duration: August through December 2024
Funding: TEC will invest $ 50 k between two rounds and Gitcoin is contributing an additional match of $ 50 k for the Quadratic Funding round.
Round 1 : GG 21 Quadratic Funding Round
We will run a Tunable Quadratic Funding (TQF) round on Gitcoin Grants 21 in August, with a few important modifications from the TEC’s previous four Gitcoin rounds:
Superchain Impact: Projects must present a plan for catalyzing token engineering adoption and impact in the Superchain.
Superchain Voting Boosts: In addition to our current practice of using TQF to boost votes with token engineering expertise, this round will boost votes for Superchain stakeholders (badge holders, top delegates, and “trusted users”).
TQF Success in Previous Round: Our previous implementation of TQF distributing $TEC in Gitcoin Grants 20 boosted Optimism-based projects. By incorporating an OP delegate signal into our funding mechanism, we observed a noticeable increase in support for projects focused on the Optimism ecosystem. This success validates our approach and reinforces our confidence in using TQF to align funding with community priorities and expertise in the Superchain.
As part of our ongoing commitment to the Optimism ecosystem, it’s worth noting that our $TEC token is a native OP token. This aligns with our broader mission to promote token engineering within the Optimism and Superchain ecosystems, extending beyond these specific funding experiments.
Round 2 : TEC Retro
The retroactive funding round is currently slated for November and will use Gitcoin’s EasyRetro on Allo Protocol. It features:
TQF Recipients: Only recipients of the above August TQF round will be eligible.
Superchain Impact: Retro awards will recognize progress against plans from Round 1 applications, broken into two milestones:
Early September: Completion of an impact plan using Karma.
Late October: Progress on grantee-specified impact goals.
Two Badgeholder Groups: Awards will be decided by a panel of badgeholders with a mix of experience in token engineering and Superchain governance and stewardship.
Educating the Superchain
Throughout this project, TEC will organize events and communications to explain token engineering and highlight grantees’ work to Superchain governors, stewards, builders, and other key stakeholders.
Join the Token Engineering Movement
We’re looking for Superchain community members with an interest in token engineering and the underlying premise of building trustworthy blockchain systems. Feel free to drop a reply to this post if you are interested in working with the TEC towards this goal.
Here’s a link to an article on Medium that explains these plans in more detail.
Likes: 6
Replies: 0
No replies yet.
