Optimism, a prominent player in the blockchain sector, has announced a substantial commitment to its ecosystem's development by setting aside $3.3 billion worth of Optimism tokens ($OP) for project grants. This initiative aims to support and incentivize builders within the Optimism and Superchain environments. A total of 850M OP tokens have been allocated to Retro Funding to encourage impactful work across these platforms. Synthetix, a notable beneficiary, secured two grants in Cycle 19, including a 200,000 $OP Growth Grant to enhance sUSD liquidity and support Perps trading competitions, and a 400,000 $OP grant for the development of an orderbook Perps DEX. The announcement highlights Optimism's commitment to fostering innovation and growth within its ecosystem, with four rounds of Retro Funding planned for 2024, targeting various aspects of blockchain development, with the next round in May.
🧠 Optimism dedicates $3.3 Billion in tokens for Blockchain ecosystem builders. PENDLE jumped by 9.4% after Michi Protocol went live with YT deposits via Pendle for $MICHI points and liquidity solutions 🌐 Explore More: https://t.co/jdqzs86fgf #TheCryptoArk #BybitNews https://t.co/J2dHXYpa8m
Build on Base. Get Rewarded. Build on Fraxtal. Get Rewarded. Build on Lisk. Get Rewarded. Build on Mode. Get Rewarded. Build on OP Mainnet. Get Rewarded. Build on Redstone. Get Rewarded. Build on Zora. Get Rewarded. Build on the Superchain. Get Rewarded. https://t.co/uUyyASbG4v
.@Optimism allocated a total of 850 million Optimism tokens worth $3.3 billion for grants to its blockchain builders. 4 rounds of Retro Funding in 2024: ▫️Round 4 (May) - Onchain Builders. This includes builders who bring new users to the Superchain, drive network effects and… https://t.co/ArHmLNEurO
There are over 850 million reasons to deploy on Superchain. Join @LiskHQ, @ourZORA, @modenetwork, and more that leverage Gelato RaaS and Web3 Services on Superchain to access Optimism's Retro Funds. Open to all builders and contributors on the OP Stack. Start building. On 🟠… https://t.co/KphAV07KOx
One of the many things I love about working with the @Optimism Collective is their Retro Funding! It really is motivating to ship code for OP Mainnet, Base and the Superchain knowing that you'll be rewarded for it every now and then. Cant wait for @LiskHQ to go live on their… https://t.co/aafvC3q4Ev
Our friends at @Optimism are committing 850M OP to reward those creating impact on the Superchain. That means builders on Base who drive impact will qualify for OP RPGF rewards beginning in May. There has never been a better time to build on @base. https://t.co/v9aTqNCK0b
Build on the Superchain and be rewarded 🔴✨ Retro Funding from @Optimism is coming to builders and contributors to the OP Stack Join Superchain members like @modenetwork and @ourZORA by deploying with Conduit! https://t.co/c0tiia2WlH
NEW: Optimism Foundation is allocating 850 million $OP for Retro Funding to incentivize building across Optimism and the Superchain. https://t.co/FQs0nspeHO
Build. Onchain. In the last round, 46 projects that used @UnlockProtocol were rewarded across @Optimism and @base. Are you in? https://t.co/0jilcQTUGR https://t.co/DCsc4l4Pp8
Have always thought that the work @Optimism has done with RPGF was interesting, and definitely a worthwhile thing to experiment with, but what is new about today's announcement? They released the pie chart showing 850m+ tokens allocated to RPGF two years ago. What am I missing… https://t.co/hVtSlLtmOa
NEWS: @Optimism announce a new era of their Retro Funding! They've allocated 850M OP to incentivize impactful work across the Collective & Superchain. https://t.co/z3vY774Lr1
⌨️ Deploy an L2 on the @Optimism OP Stack 🔴 or deploy your dApp on a stack in the Superchain 🪙 Get rewarded It’s simple. 850M OP is the total amount allocated to Retro Funding from the initial token supply. Stay tuned for allocation details closer to each upcoming round! https://t.co/4AEDxnOJCN
Every project built on @base is eligible for retro funding from @optimism Build on @base and you will be rewarded https://t.co/imz7jdehAq
This is huge for all builders contributing to @modenetwork, the Optimism collective and Superchain Do impactful work and get a share of 850 million OP https://t.co/vJ2hbwPfop
🚨JUST IN: @OPTIMISM SETS ASIDE $3.3 BILLION OF $OP TOKENS FOR PROJECT GRANTS
Today we're introducing a new era of clarity for Retro Funding! The Collective has allocated a total of 850M OP to incentivize impactful work across the @Optimism Collective and the Superchain. https://t.co/DfMeLLogQi
📣 Latest News: Optimism sets aside $3B for grants to its blockchain builders #news #cryptonews #crypto
COINTELEGRAPH: Optimism sets aside $3B for grants to its blockchain builders https://t.co/Ny1OkBWGVa
Synthetix secured two @OptimismGrants in Cycle 19! 1. 200,000 $OP Growth Grant: Boost sUSD liquidity and support Perps trading competitions. 2. 400,000 $OP Orderbook Perps DEX Builders/Growth Grant: This grant will support the building of an orderbook Perps DEX on Synthetix…