Expert on public goods and decentralization, Obol, discusses sustainable funding for public goods, Easy Retro PGF, 1% for Decentralisation fund, and the exothermic nature of Obol. They explore Ethereum funding models, Gitcoin's decentralization, and promoting a community ethos of generosity in capital allocation on Web3.
Obel implements 1% funding for public goods via 1DX initiative on Ethereum network.
Podcast emphasizes sustainable capital allocation through retroactive funding for Ethereum ecosystem growth.
Deep dives
Overview of Green Pill Season 4
Green Pill Season 4, titled Lean Mean Capital Allocation Machines, delves into the differences between on-chain and off-chain capital allocation. With the advent of blockchain primitives such as transparency and programmability, the podcast explores new methods and experiments in capital allocation. Highlighting the ethos of sustainable public goods funding, the season features guests from Obel, focusing on decentralized staking on the Ethereum network.
Obel's Approach to Decentralization
The podcast episode features Obel, a technology and community spearheading the decentralization of staking on the Ethereum network. Colin and Osheen discuss leveraging Distributed Validator Technology (DVT) to transform staking on Ethereum. Notably, Obel introduces the 1DX initiative, pledging 1% of funding to public goods, showcasing a symbiotic relationship between network security and public goods support.
Sustainable Funding Innovations
Obel's innovative funding model focuses on retroactive funding to sustainably support Ethereum validator infrastructure and public goods funding. By collecting revenue from validators using their software, Obel plans to distribute funds retroactively to projects contributing to the ecosystem. The episode highlights the concept of sustainable capital allocation, emphasizing the perpetual revenue stream generated by Ethereum validators for funding future ecosystem growth.
Disclosure: From time-to-time I may add links in this newsletter to products I use. I may receive commission if you make a purchase through one of these links. Additionally, the Greenpill team writers hold crypto assets.
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