Impact = Profit framework discussion

The Optimism Foundation has published a framework for Retroactive Public Goods Funding (RetroPGF) built on the principle that positive impact to the Optimism Collective should be rewarded with profit to the individual. Impact is defined as the value a contributor has created for the Collective, measured by outcomes rather than inputs and looking only at past work. Profit is defined as the total value a contributor has extracted from the Collective, such as payments, grants and RetroPGF rewards, while venture investment is not counted as profit because it is exchanged for ownership. The post notes that venture investment is a common point of disagreement among badgeholders, and that projects with imperfect profit reporting should be judged favorably if they are transparent.