Optimism’s RetroPGF 2 Supports Ethereum L2 Network Development

03/10/2023 01:51 • Tech Trends • 96 views

On March 10, Optimism, the Ethereum L2 network, announced on social media that the second round of retroactive public product fundraising (RetroPGF 2) voting has begun. RetroPGF 2 will allocate 10 million OP tokens to fund public products that support the development and use of the OP Stack open source code base. The projects that have been named will be divided into three categories, including infrastructure, tools and utilities, and transactions. Optimism also launched the RetroPGF 2 Discovery page, which allows users to learn more about this round of nomination projects. Retrospective public product funds are the key to the development of Optimism ecosystem and super chain. Optimism will be built into a global infrastructure by investing in public products that can be regarded as community power. The second round of voting will be held by 71 community badge holders in the next two weeks. Winners will be announced at the end of March after voting.

Optimism: RetroPGF will allocate 10 million OP tokens at the beginning of the second round of voting

Analysis based on this information:

Optimism’s RetroPGF 2 is a new initiative that aims to fund public products supporting the development and use of the OP Stack open source code base. The event has three categories, namely infrastructure, tools and utilities, and transactions. This program is a vital key to the development of the Optimism ecosystem and super chain. Optimism invests in public products that can be considered community power, turning this initiative into a global infrastructure.

The second round of voting in the RetroPGF 2 will begin shortly and will last two weeks, with 71 community badge holders participating in the process. These badge holders will select the best projects using public funds. The winners will be announced at the end of March after voting.

The RetroPGF 2 program is an innovative initiative by Optimism to support open-source development of the Ethereum L2 network. It demonstrates the importance of community participation in fostering technological growth. This participatory initiative will pave the way for more open-source development and collaboration within the Ethereum L2 network community.

Through the RetroPGF 2 program, public funds will be allocated to create infrastructure, tools and utilities, and transactions projects. The expectation is that these projects will help bring about a global infrastructure that is capable of providing community power.

To provide transparency and support learning, Optimism launched the RetroPGF 2 Discovery page. This page provides more information about the nominated projects, which allows the community to follow their development and understand how they serve the Ethereum L2 network’s broader objectives.

In conclusion, the RetroPGF 2 program will enable a spread of projects to develop on Optimism’s Ethereum L2 network, which will promote community involvement and transparency. This program represents optimistic growth for the Ethereum L2 network and aims to provide positive benefits to the community.

This article and pictures are from the Internet and do not represent aiwaka's position. If you infringe, please contact us to delete:https://www.aiwaka.com/2023/03/10/optimisms-retropgf-2-supports-ethereum-l2-network-development/

It is strongly recommended that you study, review, analyze and verify the content independently, use the relevant data and content carefully, and bear all risks arising therefrom.

Optimism’s RetroPGF 2 Supports Ethereum L2 Network Development

Optimism: RetroPGF will allocate 10 million OP tokens at the beginning of the second round of voting

Recommended articles