Optimism announced on social media that around 12 million OP tokens will be transferred between wallets controlled by the Optimism Foundation tomorrow. These transfers will delegate voting power, rather than being new grants or allocations.

In RetroPGF 3, the community had a lively discussion about VC funding and it’s role within RetroPGF.

While the mainstream news in the crypto space this week was the approval US Bitcoin spot ETFs, another more interesting thing happened. In a difficult time where a lot of tech businesses are laying off workers, Optimism’s 3rd Retroactive Public Goods Funding Round (RetroPGF) funded 501 projects to a tune of over ~$100m dollars (30m $OP). Optimism, a scaling solution for Ethereum, is increasingly setting the tone for how we might envision the funding of work and the ecosystems around it without resorting to traditional business models or current expectations on how to monetize open source work.

Vitalik Buterin, co-founder of Ethereum, praised Optimism, a Layer-2 blockchain network built on Ethereum, for its commitment to funding public goods. Buterin commended Optimism's Retroactive Public Goods Funding (RetroPGF) initiative, which distributed 30 million OP tokens worth over $100 million to developers and contributors who played a role in building public goods underpinning the Optimism Collective. RetroPGF is an alternative funding source for public goods creators who struggle to raise capital from traditional channels. Despite Buterin's comments, the Optimism token did not see a significant increase in interest, while Ethereum's prices surged over 17% in the last seven days.

501 builders, writers, creators, educators, and contributors from across the Optimism ecosystem have been allocated a portion of 30M OP! RetroPGF Round 3 rewarded contributors for the impact they provided to the Optimism Collective across four categories: OP Stack, Collective Governance, Developer Ecosystem, and End User Experience and Adoption. View the full list of awarded contributors here.

Currently, there’s no monetary policy proposal type. So, this is not a proposal, but rather a conversation starter about some serious issues.

OKX will support the Optimism network mainnet upgrade. It is expected that the OP network will undergo a network upgrade and hard fork at 1:00 am (UTC+8) on January 12, 2024. At that time, OKX will temporarily suspend the deposit and withdrawal of OP tokens and related tokens in the network on January 11, 2024, at 11:00 pm (UTC+8). After the OP network upgrade, OKX will reopen the deposit and withdrawal of OP tokens and related tokens when the network is stable.

According to official sources on December 28, OP Chain's (Optimism) metaverse ecological project opmap announced the official launch of land minting, with the initial land price set at 0.0015 ETH. Users can participate in this event by withdrawing ETH from the trading platform to the Optimism chain.

According to OKX market data, OP rose to touch 4 US dollars, now quoted at 3.92 US dollars, continuing to hit a historical high, with a 24-hour increase of 18.92%.

According to Binance market data, OP has broken through $3.87 in the short term and is now trading at $3.82, with a maximum increase of 18.13%.