This week’s newsletter is packed with governance and grants announcements.
Jump in!

• Velodrome to become the Superchain’s liquidity hub

• Builder Ideas dashboard revamped

• Superchain Dev Console launch

• Introducing the Collective Feedback Commission

• Onboarding OP Chains to Optimism Governance

• Curia’s Governance dashboard updates

• Token House participation and incentives report

• RetroPGF: a new era

• Mission Requests R2: last day to apply!

• Mission Requests: Developer Advisory Board reviews

Velodrome, the trading and liquidity marketplace on Optimism, is evolving to become the liquidity hub of the Superchain. Velodrome will begin this expansion with Mode Network, a DeFi optimized modular L2, introducing Velodrome’s AMM and gauge technology. 
Read about Velodrome's partenership announcement 

The contributor dashboard contains ideas to redirect builders towards projects that are needed within the Optimism Ecosystem. These include developer tooling ideas, dapp ideas, protocol infrastructure ideas and more. While it’s not an avenue to get a grant or get guaranteed rewards, it’s a great way to get started contributing in relevant impact areas.
Explore Builder Ideas 

After showcasing a sneak peak in last week’s Demo Day, the new Superchain Developer Console was officially unveiled. 

The Dev Console serves as a one-stop-shop for builders on the Superchain. It helps app developers build, launch and scale businesses in the Superchain. This includes a Superchain faucet, a testnet paymaster to get your testnet transactions sponsored, UX feedback, user feedback, a way to amplify your launch through Superchain marketing channels.

Check out the Superchain Console

The Collective is progressing to gradually include the community in metagovernance. As part of Phase 1 of this process, the Foundation announced the Collective Feedback Commission. 

The Commission serves as a group of highly engaged community members that will be involved earlier in governance design, providing feedback on early design drafts when necessary. The Commission will include 10 Citizens and 15 delegates who qualified based on their previous contributions. The Foundation will reach out to qualifying members as they must opt-in to the Commission before March 31st. The Commission’s 6-month trial period will begin April 1st.

Additionally, as part of Phase 1, frequent polls will be conducted on low-context design parameters, open to any community member’s input.

Announcement and qualifying members | The Path to Metagovernance | Check out The Collective DAO Resources for context on DAO design

The Foundation announced measures to ensure active, aligned and informed participation of OP Chains in the Optimism Collective. In 2024, 5 to 10 more OP Chains will be brought into the Collective, increasing the number of high impact contributors building the Superchain.

Measures include: onboarding through the Chain Delegation Program before unlocking voting power through their grants, strong recommendations to get involved in governance and integrate community feedback, potential recommendations to delegate voting power, and voting caps may be applied.

Read more on the forum post 

The Optimism Governance Dashboard by Curia released a new version including enhanced UI and updates reflecting delegate’s partial delegation. Each delegate’s profile provides insights into voting power sources.
Explore the new updates 

The report evaluates the progress of governance within the Optimism Collective during Season 5 (Cycles 16 to 19). The report provides insights on the state of the Collective, participation and voting, delegate activity, among other insights with the aim to gather useful data to improve future processes.
Read the report 

The Collective will allocate 850M OP to Retro Funding from the initial token supply to reward impact across Optimism, and the Superchain. 

After RetroPGF3 learnings and feedback on Citizen workload, Retro Funding will transition from the RetroPGF traditional approach of broad scoped rounds to narrowly scoped round. The announcement outlines the next four rounds:

• Retro Funding 4: Onchain Builders - May 2024

• Retro Funding 5: OP Stack - late July/August 2024

• Retro Funding 6: Governance - August 2024

• Retro Funding 7: Dev-tooling - October 2024

The announcement also outlines details on two types of experiments that will be conducted on Retro Funding 4-7 to evaluate different types of impact. Read the details on the forum post.

Details on the application process are expected in the next few weeks. Each round will last about 2 and a 1/2 months and the specific amount of rewards allocated will be announced 8 to 12 weeks before its start.

Contributions that are outside of the scope of upcoming retro rounds include consumer facing tools, education initiatives and events. The Optimism Collective can still support these contributions via Token House Missions or in future Retro Funding rounds.

Announcement | Forum post discussion

The Grants Council extended the round 2 application deadline to the 29th of march 19:00 GMT. 

Read through the Mission Application Guide and submit your project through Charmverse. If you have any last minute questions you can ask your questions on the #mission-grants channel in the Optimism Discord. Keep in mind the penalty for last minute applications is already in place, all applications submitted after March 25th 19:00 GMT get a two point reduction in scores.

The Developer Advisory Board reviewed all the Intent 1 Mission Requests finalists elected by the Grants Council. You can find their advice on this post.

No active proposals at the moment.

• Grants Council Office Hours [Monday, April 1st]

You can add Optimism governance calls to your calendar here.

• Forum discussions

• Optimism X account

• Optimism Governance X account

• Governance calendar

• OP Hub - home of optimistic resources

• x23.ai - proposals and forum summaries 

Every week, we analyze new proposals, summarize discussions, and provide you with the tools to bring informed contributions to the Collective.

Follow us on X.

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