Optimism squabbles over public goods funding to VC-backed projects

As voting winds down on Optimism’s public goods funding, backlash is emerging against projects that are set to receive the public goods funding.

Critics argue that projects with solid financial backing should not receive these tokens. Instead, they are advocating for their distribution to contributors without financial backing.

The Optimism Collective is retroactively disbursing roughly $53 million in OP tokens to reward people and projects who have contributed “public goods” to the popular layer-2. Voting on applicants ends Dec. 7.

The ongoing squabble is the latest complaint about DAO treasury spending, and comes as the crypto market stares down another potential bull…

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