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Optimism has allocated 850 million OP tokens to Retro Funding.

2024.03.26 - 16:17
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TechFlow news: The Optimism Collective has released a statement on "Retroactive Public Goods Funding" (Retro Funding), emphasizing that this initiative aims to encourage developers, businesses, creators, and educators to contribute toward building a fair and open internet.

This program is more than just a charitable act—it establishes an impact-based system that rewards contributions. The Optimism Collective has allocated 850 million OP tokens for Retro Funding to reward on-chain impact within the Optimism and Superchain ecosystems.

These tokens will be distributed in four rounds before 2024, with the first three rounds already having disbursed approximately $158 million worth of tokens.

Optimism will use Retroactive Public Goods Funding (RPGF) to reward on-chain builders and, in upcoming rounds, will recognize contributors in infrastructure, governance, and development tools.

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