Puzzling Reality of OP Grants Pt 2: the Good, the Neutral, and the Questionable

The Castle's second research piece on Optimism's RetroPGF grants sorts selected recipients into Good, Neutral, and Questionable groups based on token movements and public activity. Subli DeFi received about 19k OP, sold for $36k, and expanded his Optimistic Series into a podcast and newsletter with over 10K subscribers. Blossom Labs, behind the Blobscan explorer, sold 40k OP for about $61k. ZachXBT (188k OP, sold for $227k), Polynya (98k OP, $200k) and Beaconcha.in (100k OP, $200k) were judged to have received grants too large for their contribution, while WHTOG received 65k OP, quickly moved to Coinbase, and its governance-analysis thread covered only 11 recipients.