https://gov.optimism.io/t/quadratic-funding-retro-token-engineering-the-superchain/8731
Token Engineering the Superchain is attracting token engineering practitioners and projects to the Superchain – and it’s now live on Gitcoin 3! Your participation will have a substantial impact in deciding which projects receive the round’s $60K matching pool.
With just a few minutes of your time right now, you can also help test this new approach to seed funding impact on the Superchain. The Token Engineering Commons (TEC) is using a new approach called “Tunable Quadratic Funding” (TQF) to ‘boost’ the Quadratic Funding impact of Gitcoin contributions based on two factors:
Amplifying the Voice of Superchain Governance:
Expertise-Boosted Quadratic Funding:
Your participation in this Gitcoin round also helps test another innovation in capital allocation: integrating Quadratic Funding and Retro Funding! The Quadratic Funding round serves as up-front seed funding that projects use to generate Superchain impact. Later this year, the TEC will run a follow-on retro round with Gitcoin’s EasyRetro 1 to retroactively reward these projects based on their actual impact, tracked in Karma GAP 1.
This innovative approach to combining quadratic and retro funding enables the TEC to micro-target capital allocations to a specific domain of expertise. It’s what we call “Niche Retro” funding, and while our focus is on generating token engineering impact in the Superchain, we see this approach being replicated in other domains as well, such as gaming, defi, security audits, and much more.
The TEC migrated to OP Mainnet in 2023. It is our home and we are committed to helping the Superchain on its path to open metagovernance. To this end, we will be publicly sharing our findings from this experiment in the OP Forum as we iterate together in making the Superchain the most trustworthy of all blockchain ecosystems.
Your participation in this experiment couldn’t be easier. With just a few minutes of your time and some donations of as little as 1 $OP, you can have a big influence on which projects get the biggest share of the $60K matching pool contributed by Gitcoin and the TEC. These projects will then be eligible for the follow-on retro funding round later this year!
Just pop over to our Gitcoin round 3 right now, find a few projects you think will have a good impact on the Superchain, and cast your votes right now!