Protocol Guild
@ProtocolGuild
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Following
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a collective of ~160 Ethereum core protocol contributors ✨ enabling distributed funding for distributed systems
the time-chain
Joined May 2022
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It's amazing to see this kind of contribution come from a non-crypto native entity! 🫡
Thank you for helping to bootstrap the norm of funding Ethereum's core protocol work, and for pioneering a future where we can all thrive together 🤝
Big announcement!
We intend to donate 10% of our $EFUT ETF profits () to
@ProtocolGuild
for at least 10 years.
Thank you, Ethereum contributors, for nearly a decade of relentless building & ongoing stewardship of this common infrastructure.
Details 👇
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We are honored to be included in this important
@arbitrum
milestone!
Arbitrum is trailblazing as the first L2 team to contribute to PG 🫡
This support will fund the ongoing stewardship of Public Good infra we all depend on: the Ethereum core protocol
Only projects on Arbitrum with a DAO & a community treasury were eligible to participate in this distribution.
The only exception to this rule is the inclusion of the
@ProtocolGuild
, a collective of Ethereum core devs & contributors.
Full list here:
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Amazing to see
@Starknet
recognize
@ProtocolGuild
members - the individuals stewarding Ethereum's core protocol development - as having substantially contributed to their L2 ecosystem!🫡
The 6m STRK will be deposited into a new vesting contract to be distributed over 4 years ⏳
The Starknet Provisions Program is designed for a broad distribution of STRK to those who’ve substantially contributed to Starknet.
Here are a few relevant details:
✨1.3 million addresses.
✨50% of the token distributed to Starknet users.
✨Ethereum stakers until the Merge,…
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1/10 The Protocol Guild's 1-year pilot just passed the halfway mark!
🧵👇 here's an update on the last 6 months, and what's next:
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WOW 🥰 humbled yet again by the Collective's recognition of our stewardship!
Our allocation of 663,853 OP goes directly to our 163 members. Recent core protocol work includes the Dencun upgrade, EIP-4844, client maintenance, research, and so much more
Excited for Round 4!
RetroPGF Round 3 results are here!
30M OP was granted to contributors building the public goods that power the Optimism Collective.
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1/ Funding throwback: one year ago
@LidoFinance
made the first major donation to our Pilot with 2M LDO tokens 🙌
Shout out for embracing the norm that projects built on Ethereum should help fund core protocol contributors!
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An incredible 1% commitment from 🤯 these tokens will vest directly to the individuals stewarding Ethereum
2024 is shaping up to be a big year: what other projects will join us to support the core protocol?
In addition to the advisory board is committing to allocating 1% of the upcoming TGE token supply the
@ProtocolGuild
in order to support the continued development of Ethereum 🏦
4️⃣
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One year ago, the tweet that started it all! 🫡
Today, Protocol Guild is 6 months into the 12 month Pilot, with $10mm vesting to 119 core Ethereum contributors
Updates coming soon, stay tuned - planning what PG v2 will look like!
@josephdelong
Make it a social norm for all DAOs (and other network tokens) building on Ethereum to allocate 1.5% of their tokens to the individuals building and designing the L1 infrastructure they rely upon.
These researchers and devs do more for most tokens than any VC
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1/5 One year ago we deployed our
@0xSplits
vesting contract and kicked off the Pilot! 🥳
Today marks one year of experimentation with the mechanism, uniquely tailored to incentivizing Ethereum's core protocol work ⛓🛡
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To date, our 128 members have collectively contributed 375 years of effort towards maintaining & evolving the Ethereum protocol 🤯
Learn more:
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The Protocol Guild is:
🌟 An organization made up of Ethereum core protocol contributors
🌟 which actively maintains a on-chain registry of its membership
🌟 which allows a diverse array of ecosystem sponsors to directly fund the membership, their work, and the Public Good.
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Now vesting: the 500 ETH contribution from
@nounsdao
towards our Pilot program! 🥰
This ETH will vest for 1 year directly to 116 protocol contributors. Thank you for supporting these important Public Goods 🙏
Learn more:
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Today, we completed two important milestones:
1. distributing vested assets ($1.7mm) directly to members
2. updating the split to reference active contributors: 111 to 119
Thank you to the community + participating funders for enabling a promising start to the Pilot so far!
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With yesterday's 1,238 RPL donation,
@sassal0x
takes the
#8
spot in our donor leaderboard 🫡
We continue to be humbled by the incredible support from Ethereum's community 🙏
Check out all donations in our
@DuneAnalytics
dashboard:
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PG member
@trent_vanepps
presented yday at the
@protocollabs
Funding the Commons event on:
- Ethereum and its Public Goods
- Existing funding mechanisms + their limitations
- PG's design response to those limitations
- the 1 yr Pilot
Catch up here:
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Another day, another governance proposal 📜
This next one is for
@ensdomains
to allocate a % of their unclaimed airdrop to the PG Pilot.
Thanks to the ENS DAO Public Goods working group for the feedback on putting this together 😁
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To date, our 130 members have collectively contributed 399 years towards stewarding the Ethereum protocol 🤯
See the members:
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One mission of ours is to build the norm that Ethereum-based projects help fund the core protocol work they depend on
@Uniswap
DAO was one of the first communities to embrace this with a 500K UNI donation to the Protocol Guild Pilot - one year ago today!
Thank you 🫡
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Shoutout to the first L2 to take the
@ProtocolGuild
pledge:
@taikoxyz
! 1% of their token will be donated to Ethereum's core maintainers 🌟
We're happy to announce that we've taken the Protocol Guild Pledge (PGP) and committed 1% of our token supply to
@ProtocolGuild
to support their continued development of Ethereum.
We're proud to be the first L2 to take the PGP and do our part to help set a new standard.
1/
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hello world! we've got our own handle now 🤗 here's the latest on the Protocol Guild:
Full docs:
2022 Pilot:
Split Interface:
Vesting Interface
Contracts:
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The proposal to the
@nounsdao
community to fund our 1 year Pilot will be live in 2 days! ⌐◨-◨
Discussion:
Vote:
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Protocol Guild is participating in RPGF3!
- 161 core Ethereum contributors
- 523 years of cumulative effort
- maintaining and evolving the Ethereum protocol + mainnet that L2s depend on for settlement
Find our profile below:
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welcome to another Grants Round! we'd be honored to have your support 🫡
all donations go directly to an onchain registry of Ethereum core developers, including many that worked on the Merge! 🐼
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To date, our 159 members have collectively contributed
⛓️ 510 years 🛡️
towards maintaining and evolving the Ethereum protocol
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1/3 One year ago the Protocol Guild was unveiled: "an experimental new funding tool which provides recruitment, retention, and reward mechanisms of core protocol contributors"
Today that experiment has received $10m in donations and distributed $5m to core protocol contributors!
Announcing the Protocol Guild ⛓️🛡️
"a split contract which distributes donated application tokens over a vesting period to a self-curated list of Ethereum protocol contributors"
↓ Read More ↓
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sassal coming through 🙌 we appreciate your contributions to general awareness and ofc financial!
Sent those 220 RPL tokens to
@ProtocolGuild
:
And before anyone asks - I'm not doing this to write off the donation at tax time - I can't even do that since The Protocol Guild isn't a registered charity
I donate to support core protocol dev - that's it.
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First he commits to donating his
@RocketPool
oDAO rewards to
@ProtocolGuild
, now he commits to donating rewards from a
@stakewise_io
V3 Daily Gwei staking pool
🐐 status - thank you
@sassal0x
!
The latest
@thedailygwei
Refuel is ready for your consumption! ⛽️
Today's topics:
- ETHDenver recap ⛰️
- USDC drama 🤪
- ETH is not a security 🥩
- and much more ➕
Watch 👇
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Today, 200k ENS has finished vesting to Ethereum's core protocol contributors, after being generously donated by
@ENS_DAO
one year ago 🥳
The snapshot vote passed with 99.52% of votes 🙌 thank you for supporting our Pilot and the core protocol contributors!
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One year ago today,
@nounsdao
spread some nounish vibes to Ethereum's core contributors with a 500 ETH donation to the Protocol Guild Pilot. 🎉
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gm - if you're curious how PG uses
@0xSplits
under the hood, here's an intro
dive deeper here:
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Thank you
@EthStorage
for taking the
@ProtocolGuild
Pledge, by committing 1% of its tokens to Ethereum's core protocol stewards 💫
There are now 6 amazing projects that have taken the pledge, and we're working on an exciting way to recognize these early pledgeooors onchain 🔜
1/ We've proudly committed 1% of our token supply to
@ProtocolGuild
, supporting their ongoing efforts in Ethereum's development. As the 1st Ethereum DA enhancement project adopting PGP, we're excited to contribute to the development of the Ethereum ecosystem🚀 Details…
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1/ We're live on
#GG18
as part of the Ethereum Infra round 🎉
As always, 100% of donations are vested directly to a collective of Ethereum's core protocol contributors
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1/2 This was a busy time for funding last year, starting with the distribution of 14,383 Merge POAPs, as part of a livestream with
@ethStaker
@BanklessHQ
@thedailygwei
@EthCatHerders
and
@ethereum
Each POAP holder donated $10, raising ~$150k 🙌
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We just claimed 51,540.35 DAI - thanks to everyone who contributed! this goes directly to 116 core devs ❤️
Vesting Contract:
Member registry:
💸PAYDAY💸
Did your grant recieve funds during GR14? 💰
They are now ready to claim 🙌
Claim here:
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⏳ Just a few days left in the latest
@gitcoin
round..
..join 235 other patrons in recognizing the successful Merge effort 🐼 even small contributions are matched!
↓ $ directly to core devs ↓
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The onchain vote for the
@Uniswap
community to participate in our Pilot will be live in ~24 hours. It will end ~June 23.
Thanks to the community and delegates for feedback on the project so far 🙏
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One year ago today,
@Safe
announced their Safe Guardians, which allocated 530k SAFE to the Protocol Guild
~60% has already vested directly to core protocol contributors
Thank you for helping fund critical base layer infra that the entire ecosystem depends on! 🥂
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Wooo welcome to the first meme token pledgeooor! 🥳
Thank you
@0xigami
for taking the
@ProtocolGuild
's 1% pledge and for donating 40,250,000 $member 👀
See all the amazing projects that have taken the pledge in our
@DuneAnalytics
dashboard:
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Incredible! we are floored by this support 🫡 fortunate to have the Ethereum community grab hold of the vision and run with it
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Huge thanks to
@pwndao
, as the second project to join the
@ProtocolGuild
pledge, for donating 1% of their token to Ethereum's core protocol stewards! 🙌
We are firm believers in the power of community and public goods. That’s why we decided to join the Protocol Guild Pledge alongside
@etherfi
and commit to allocating 1% of the PWNDAO tokens to
@ProtocolGuild
to support Ethereum’s Core R&D. 🫡
👇
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One year ago David launched "Ethereum Merge Fractals", an NFT project which donated all proceeds to the Protocol Guild.
Today this has raised +$40k from +3k transactions:
Thank you for your generous contribution to Ethereum's core protocol development 👑
My NFT project "Ethereum Merge Fractals" is now live and minting!
All sales go to fund core devs, in conjunction with
@ProtocolGuild
and
@StatefulWorks
Mint on app:
Or mint here:
Built using scaffold-eth
@buidlguidl
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1/1 This time last year we received 500 ETH from MolochDAO - the 5th largest donation ever received - assisted in no small part by an impassioned argument by
@ameensol
:
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3/5 We're incredibly grateful to all our donors including
@arbitrum
@LidoFinance
@Uniswap
@ENS_DAO
@nounsdao
@MolochDAO
@optimismFND
@tetranode
@sassal0x
@AaveAave
@element_fi
...
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👋 Our latest update to the
@0xSplits
member registry just went live!
+ 13 added
- 3 removed
+ all weights adjusted
This is our 5th quarterly update since launch in May 2022. 🫡 Consistency is key to PG maintaining its legitimacy as a commons funding tool!
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Wow! Thank you!! 🙏 Every cent goes to core devs via a vested
@0xSplits
contract
14363 Merge livestream POAPs have been delivered.
And with that approximately 150k dollars have been raised and sent directly to Ethereum core devs via
@ProtocolGuild
.
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You can help support Ethereum's core protocol work in this round!
And thanks to the magic math of quadratic funding, a 10 DAI donation currently results in a 98 DAI matching contribution 🚀
All funds vest directly to 152 contributors. Donate here: 🙌
🔴 Our Optimism Quadratic Funding Round is LIVE! 🔴
Support public goods projects raising funds on Giveth:
25,000 DAI is available to match donations to participating projects on
@OptimismFND
Network! Donate now 👉
Learn more below!
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Just under 24 hours left to donate in the current
#GG18
round ⌛️
A very big THANK YOU to the 3,236 donors so far, who have given $6,272 in funding to Ethereum's core protocol contributors ❤️🔥
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We're so honored for our work to be recognized by the OP Badgeholders! This means so much to us 🥰
Congrats to the OP community and all the other recipients on another iteration of the experiment, here's to many more 🥂
Results here are pretty amazing.
@ProtocolGuild
is the top recipient with ~550k OP. Approx 15% went to PG + various client teams, perhaps unsurprisingly.
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We worked with
@datamonkey_eth
to craft this awesome
@DuneAnalytics
dashboard
🙌 Transparent, up-to-date finances for the 1 year Pilot
Give the dashboard a ⭐️ - we definitely recommend their work if you're looking for an analyst!
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We've just completed our latest quarterly update, 3 of 4 planned for the Pilot! 🙌
+7 new -7 departing = 128 members
PG actively self-curates its beneficiary set to ensure it's a high-signal reflection of the reality on the ground 🔍
Membership here:
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Validator 13871 sent a .02 ETH block reward to our members! this might be the first one?
The slot graffitti reads "Thanks
@SomerEsat
& all devs" ❤️
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4/5 ...
@texturepunx
@PublicNouns
@NandMountains
@safe
@tapioca_dao
@coinbase
@songadaymann
@freeze_llc
@gitcoin
grants contributors and everyone else we couldn't mention!
You made Protocol Guild's Pilot a success 🙏
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On behalf of the Protocol Guild's 160 members, thank you very much for this support 🙌
The funds will be sent directly to our 1 year vesting contract, which members can claim from directly 📥
2/x Among the recipients were
@ProtocolGuild
, a collective of Ethereum's core contributors, which raised 43.5192 ETH and
@rotkiapp
, a privacy-focused open-source portfolio tracker, securing 33.9164 ETH.
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5/5 We'll be announcing our post-pilot plans soon - in the interim you can continue to send donations to our pilot's donation address.
Looking forward to continuing this journey with all of you 🫶
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Thank you to everyone who contributed in
@OctantApp
Epoch 2! Thrilled to be the top recipient again 🥰
The 37 ETH will be deposited into our vesting contract to vest directly to Ethereum's core protocol contributors, helping to rebalance incentives towards core protocol work ⚖️
We want to thank each and every one of our community members and projects that participated in Epoch 2. And a big congratulations goes out to all of the projects that we're above the threshold. If you are a project, know that you can withdraw your funds now!
Here's the…
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Join us this Wednesday @ 17 UTC, for a chat with
@vaneck_us
about their decision to donate 10% of profits from their $EFUT ETF, towards Ethereum's core protocol development 🔥
Mark your calendars for Wednesday at 1pm ET
@vaneckpk
@KyleDacruz
@TimBeiko
@trent_vanepps
@ProtocolGuild
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The median Guild member received over $62k in our recently concluded Pilot 👀
Learn more:
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This week we updated our
@0xSplits
for the fourth and final time to close out our 1 year Pilot 🙌
👩💻 we end w/ 142 members (+19, -5)
Next, we'll be putting together a retro as outlined at the beginning:
We're also hard at work on v2 - coming soon^tm!
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2/5 During that time Ethereum's ecosystem and community stepped up bigly with ~$15mm in donations
What an amazing testament to our shared values and support of Ethereum's mission! 🙌
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Thrilled to see
@CreditGuild
take the
@ProtocolGuild
pledge! By donating 1% of their token they will help rebalance incentives towards Ethereums's core protocol work ⚖️
We’re pleased to announce that the Credit Guild is taking the Protocol Guild Pledge and allocating 1% of the GUILD supply to Ethereum core development. When standing on the shoulders of giants, the least we can do is offer them a massage 💆♂️
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thanks for featuring our work!
"Protocol Guild is an example of a simple but effective solidarity primitive for Ethereum core contributors."
↓ check out the entire paper below ↓
What primitives and mechanisms need to be in place for work on permissionless, unstoppable organizations to be viable?
Find out in our very official report on Web3 Work.
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Excited to get this out into the wild soon™️
Appreciate all the amazing work on this by the
@DAOhaus
crew 🙌
@ProtocolGuild
and Santiago is building the new cross-chain Protocol Guild incentive and governance structures on
@0xSplits
,
@DAOhaus
MolochDAO_v3 and
@ConnextNetwork
it uses cross chain messaging and a registry to maintain DAO state across multiple chains.
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Our very own
@TimBeiko
with a great elevator pitch for the Protocol Guild 🛗
And thanks again to
@optimismFND
and badge holders for the recognition in RetroPGF 2! 🏆
The concept behind RetroPGF is simple: reward those who have created a positive impact in the Optimism Collective. 🌱✨
Not sure where to get started? The Ecosystem Contributions page has everything you need:
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Reminder! We are participating in the latest
@gitcoin
Beta round, every $ of support is appreciated 🙏
tons of great Ethereum infra projects to support as well!
Check out our grant:
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Protocol Guild is a perfect candidate for retro funding rounds:
🕰️ our member allocations are weighted by past contributions
🔄 we work on Ethereum mainnet & the EVM: direct dependencies for any L2
excited to participate in a few months, kudos to OP for trailblazing here!
Today, we’re incredibly excited to announce Retroactive Public Goods Funding Round 2.
In February 2023, 10M OP will be distributed to the people and projects powering the public goods that make Optimism possible.
1K
6K
8K
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2/ But first, wtf is Protocol Guild?
It's a new public goods funding mechanism, enabling the Ethereum ecosystem to easily & sustainably fund the base layer they depend on.
All donated funds are vested + distributed to a member-curated registry 📜
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10/ help us spread awareness for the project and our goals with a simple retweet 🙌
1/10 The Protocol Guild's 1-year pilot just passed the halfway mark!
🧵👇 here's an update on the last 6 months, and what's next:
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If you're in Istanbul and fancy a chat about funding Ethereum's core protocol development, swing by the Protocol Guild booth at
@L2DAYSxyz
!
- follow the signage towards "impact booths"
We're around all day today, and oh there's a POAP to collect too 😙
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Massive shoutout to
@freeze_true
for allocating 4mm of their initial supply to our 1 year Pilot! ❤️
This is the first new project to allocate a % at launch, in line with the longterm vision for how PG hopes to operate.
Learn more:
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🤩🤩🤩
The Arbitrum/Offchain Labs team airdropping 3 million ARB tokens to
@ProtocolGuild
is so fucking based
Love to see layer 2's supporting public goods
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9/ Check out the full mid-pilot update here:
Our dashboard (built by
@datamonkey_eth
) can be found here:
And finally: THANK YOU to everyone who has supported this movement! 👑 We're only just getting started!
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2/2 We also received 150k USDC total from
@AaveAave
,
@element_fi
and
@thesis_co
, as part of the
@EFDevcon
Supporters Program:
We have been continuously humbled by the support from Ethereum's ecosystem and community. Thank you SO much to all supporters 🫂
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4/ Fundraising:
- $9.7m has been donated so far 🔥
- The pilot was seeded w/ $8.8m from
@Lido_Dao
,
@Uniswap
,
@ENS_DAO
,
@nounsdao
and
@MolochDAO
🙌
- Tokens: 29% LDO, 28% UNI, 19% ENS, 22% ETH / WETH, and 2% other
- Avg donation = $2.5k, median = $12, from 3.8k total donations
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On behalf of the PG members, really appreciate being included as the beneficiary of this project! 🙏🙌
means a lot to see the community creating such cool experiments
My NFT project "Ethereum Merge Fractals" is now live and minting!
All sales go to fund core devs, in conjunction with
@ProtocolGuild
and
@StatefulWorks
Mint on app:
Or mint here:
Built using scaffold-eth
@buidlguidl
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8/ We'll also soon begin fundraising for the Guild's post-pilot rollout next year, with the aim to raise $100m over 4 years. 📈
In the interim, if you want to boost incentives to contribute to Ethereum's core protocol development, you can send funds to: theprotocolguild.eth
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2/ These tokens have been vesting to 128 Ethereum core protocol contributors over the last year.
See more info & contribute through the
@0xSplits
interface:
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3/ And while it's still early, we're think we're on the right path. 2023 will bring the fruit of our past ambitions, and the foundation for new aspirations.
Wishing everyone a wonderful transition into the new year. 🥂
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6/ And what have members been up to? You know, merging! 🐼
But there's so much more, including increasing Ethereum's transaction throughput, maintaining its credible neutrality, and many other improvements. See here:
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🫡 thank you for your contributions!
Shoutout to
@ProtocolGuild
! What an incredible initiative. It has been a privilege to belong. You _almost_ managed to persuade me to stay an L1 dev, at least made it harder to leave.
The benefit is in the community, not just the finances.
I'll miss being part of it.
5/7
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A huge thank you to the 4,063 donors who contributed $8,187 in funding during the most recent Gitcoin Grants round
#GG18
The funds will be bridged to our
@0xSplits
Vesting contracts on mainnet, so they can trustlessly vest to Ethereum's core protocol contributors over 1 year 💖
1/ We're live on
#GG18
as part of the Ethereum Infra round 🎉
As always, 100% of donations are vested directly to a collective of Ethereum's core protocol contributors
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Protocol Guild is participating in GG19s Ethereum Core Infra round!
Find details about our work and support our 160 members at the link below:
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It's been a pleasure collaborating with Daohaus to frame & iterate on the PG v2 contracts! 🫡🙏
BorrowLucid captured some stories about the projects we have been working on with
@ProtocolGuild
@gitcoin
and
@RaidBrood
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2/ As we reflect, we reaffirm our most important function: to curate a high-signal registry of active core protocol contributors - to be used as a schelling point by Ethereum's ecosystem and community, to help support the protocol they know and love.
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5/ Distributions:
- To date, $5m has been distributed to members 💗
- There are now 128 members, up from 90 at start
- On avg each member has received $39k ($5.6k per month)
- The most a single member has received is $79k, while the lowest is $13k ⚖️
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We were accepted to the current
@gitcoin
beta round!
Our members 🧑🌾 steward 🌱 the Ethereum protocol today and into the future
↓ Learn more + contribute below ↓
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Reminder that our latest proposal for Pilot funding is live on the
@Uniswap
gov. forum now! 📜
Whether you're a delegate or a community member, we'd love to hear your feedback on our approach for the Ethereum ecosystem to fund core protocol Public Goods
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For transparency purposes:
Our Arbitrum allocation will go to a 6/10 multisig of PG members: 0x290...3B2
From there, it will be transferred directly to our L1 1-year vesting contract. Our 130 members will be able to independently claim there as it vests.
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Huge thanks to
@EICquarterly
and
@sassal0x
for this commitment! Looking forward to reading the first report 😎
We are pleased to announce that
@sassal0x
will be joining ETH Investor's Club as our first advisor.
📺 The Highlights:
• Anthony is an educator, angel investor, Ethereum startup advisor, and hosts
@thedailygwei
•His advisor share will be redirected to
@ProtocolGuild
along…
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Tapiocans understand the importance of funding the people stewarding core protocol infra 🫡 thank you for the support!
Thank you Tapiocan's for the great success on the Death of 'Decentralized' Stablecoins Mirror and picking up the NFT for a good cause!
Holding up on our end, Tapioca is donating 5 ETH ($1:$1 match) of what the Mirror NFT sale raised to
@ProtocolGuild
:
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We are fundraising! learn more:
it's kind of interesting that people post publicly that they are looking for jobs. almost no one posts like "i am looking for a school" or "i am fundraising". maybe anonymity and/or referral culture would change this?
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3/ Members include consensus & execution client devs, researchers, upgrade coordinators, + a mix of other contributors . During the pilot, donations vest over 1 yr, allocated by time weightng.
Now lets look at results to date:
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cool project - we appreciate the support! 😁
Also, proud to say that, coded on the smart contract itself, 20% of sales went as a donation to
@ProtocolGuild
, which funds Ethereum core protocol contributors!
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the
@gitcoin
Alpha round started a few days ago with a ton of great projects! Unfortunately, we did not migrate our profile in time and are not eligible (for this round)
however - the chain is always open 🤗
theprotocolguild.eth
0xF29Ff96aaEa6C9A1fBa851f74737f3c069d4f1a9
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Thanks for including us in this journey! Looking forward to more insights in the future 😊
Fueling Ethereum's Engine: The Protocol Guild 🔍
🚀 A thread about Exploring Protocol Guild, a hub for ETH core contributors, utilizing an on-chain registry.
🔴 First stop on our journey: discovering the concept and origins of Protocol Guild!
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