OP Stack

🔴Retro Funding 4 results are here!🟣

10M OP is rewarded to 200+ projects that deployed contracts on the Superchain according to their onchain impact. 
( @base @modenetwork @zora @fraxfinance Metal L2 and OP Mainnet)

Check the results: https://retrofunding.optimism.io/round/results

Posted this on Twitter, but I think there are pretty big misaligned incentives in funding rounds like this. 

These encourage folks to add as many random onchain transactions as possible, but the opposite will truly onboard the masses.

Building /crypto-the-game (acq by @uniswap). DylanAbruscato.twitter

Maybe I'm just surprised that CTG wasn't one of the 200+ projects chosen (we deployed on Base and submitted) 

Technically, our challenges like crypto puzzles/scavenger hunts weren't onchain, and our only transactions were for the entry NFTs, but so many in the space told me CTG had outsized impact.

totally agree. it’s the ultimate problem of trying to award “fairly” and programmatically - we measure what’s easy to measure, and then what gets measured gets optimised. account abstracted transactions also got underrepresented here…

the only path forward is to lobby OP delegates to change the weighting rn

yup, supercast also wouldn’t qualify

defi projects with washed volume, token incentives and venture funding of course did