Understanding RetroPGF: A New Era of Funding for Public Goods

RetroPGF is a retroactive funding mechanism launched by the Optimism Collective that rewards projects for demonstrated past impact on public goods rather than promised future work. The article describes a four-step process: a funding pool is allocated, projects submit and are reviewed, the community votes using methods such as Quadratic Voting, and selected projects receive funding. It cites RetroPGF 5 recipients including go-ethereum at 234,544.68 OP and Protocol Guild at 223,384.19 OP.