Layer3 believes that the Optimism treasury should be strategically used to fund big ideas that not only advance the ecosystem but also create a positive flywheel effect. Investments should be targeted towards projects that create novel onchain activities and drive more transactions on the chain, thereby fostering a self-reinforcing cycle of growth and innovation. By carefully selecting and funding initiatives that can generate increased chain activity, the treasury can supercharge the superchain.

Layer3 believes that grants should act as strategic bets on large return opportunities and acknowledgement of the builders that make within the Optimism ecosystem. We advocate for a merit-based approach to grant allocation, where proposals are rigorously evaluated on their potential impact, feasibility, and alignment with Optimism’s strategic objectives. Layer3 supports funding diverse projects that range from infrastructure development and community engagement to educational initiatives, prioritizing those that demonstrate clear, measurable outcomes and a path to self-sustainability.

Layer3 believes that supporting and investing in public goods brings goodwill to the ecosystems most selfless builders. We understand that public goods, such as open-source software, educational resources, and community initiatives, provide foundational support for a thriving industry. Layer3 advocates for allocating resources towards these goods in a way that is transparent, equitable, and community-focused in initiatives like Retro PGF. We support initiatives that not only benefit individual projects but also contribute to the collective advancement and accessibility of the Optimism network for all users.