Hodlon on Warpcast

Content pfp

0 reply

0 recast

0 reaction

Hodlon pfp

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/

1 reply

4 recasts

8 reactions

Hodlon pfp

The game, as played by Optimism Fractal, aims to incentivise positive and consistent contributions to the Optimism ecosystem, the popular Ethereum L2 chain. 2/

1 reply

0 recast

0 reaction

Hodlon pfp

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/

1 reply

0 recast

1 reaction

Hodlon pfp

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/

1 reply

0 recast

0 reaction

Hodlon pfp

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/

1 reply

0 recast

0 reaction

Hodlon pfp

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/

1 reply

0 recast

1 reaction

Hodlon pfp

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/

1 reply

0 recast

0 reaction

Hodlon pfp

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/

1 reply

0 recast

0 reaction

Hodlon pfp

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/

1 reply

0 recast

0 reaction

Hodlon pfp

The game happens every Monday and if you’re interested you can join here https://lu.ma/optimismfractal 9/

2 replies

1 recast

2 reactions

Christina BorrowLucid pfp

Christina BorrowLucid

@borrowlucid.eth

Do you play? If so, would you mind sharing a bit about the experience? I imagine it deepens relationships within the community, but could also see social pressures to signal in certain ways. Also, does it feel similar to Coordinape Circles?

3 replies

1 recast

3 reactions

Trigs pfp

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.

1 reply

0 recast

3 reactions