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Hodlon
@hodlon
Let’s look at Optimism Fractal, a group that meets weekly to play experimental consensus games. The event is currently hosted by Optimystics and is open to anybody who wants to attend https://optimismfractal.com 🧵 1/
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Hodlon
@hodlon
The game, as played by Optimism Fractal, aims to incentivise positive and consistent contributions to the Optimism ecosystem, the popular Ethereum L2 chain. 2/
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Hodlon
@hodlon
It does this by asking a simple question: what did you do to contribute to Optimism this week? Attendees break into groups of six or less and share their contributions with each other. 3/
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Hodlon
@hodlon
Then, using open source consensus tools built by Optimystics, the group ranks contributors from most impactful to least, requiring 2/3 (or 66%) consensus. 4/
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Hodlon
@hodlon
The final results are written onchain (also requiring 2/3 group consensus!) and nontransferable Respect tokens are distributed, with the top contributor receiving 55 OPF, the next receiving 34 OPF, the next 21 OPF and so forth. 5/
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Hodlon
@hodlon
You can see the consensus tools here https://optimystics.io/tools And read the rules of the game here https://optimismfractal.com/details Also, each session is recorded and uploaded for anybody to view https://www.youtube.com/@Optimystics_ 6/
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Hodlon
@hodlon
The idea is that over time OPF token distribution will fall across all contributors in a manner consistent with the overall value of one’s contributions. 7/
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Hodlon
@hodlon
The tokens represent quantifiable, onchain standing within Optimism Fractal; The more you have, the more respected you are as a contributor by the Optimism Fractal community. 8/
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Hodlon
@hodlon
A council of top contributors is established, with OPF tokens used to represent voting power within that group. The council can manage token distribution, make changes to the rules of the game, or align on any other relevant decisions effecting the Optimism Fractal community. Reputation-based governance unlocked! 9/
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Hodlon
@hodlon
The game happens every Monday and if you’re interested you can join here https://lu.ma/optimismfractal 9/
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Trigs
@trigs
Looks really interesting. Curious to watch some of the videos. I like how breaking into smaller groups helps it scale to prevent the coordinape problem of groups getting too large and more easily gameable. Curious to see how it plays out in the longer term for meaningful contribution valuation data.
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Hodlon
@hodlon
It's interesting how efficiently it can scale. It takes about an hour for six people to play, but only slightly longer for 12, 600 or 6000 people. I've never used coordinape, what are the gameability vecors that are open there with larger groups?
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Trigs
@trigs
I've not used it much either, just heard from multiple ppl that when coordinape groups get larger there's less accountability and it tends to devolve into populism, as it's too hard to review activities of all contributors.
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