# RetroPGF 3

The Optimism Collective’s third round of Retroactive Public Goods Funding (Retro Funding) took place in the fall of 2023. RetroPGF 3 allocated 30m OP tokens to **reward contributions that have supported the development and adoption of Optimism.**

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## **Project Insights**: 

<figure><img src="/files/dOfWGMDixbzCdWudBaeK" alt=""><figcaption></figcaption></figure>

Details ongoing and upcoming RetroPGF projects, with a focus on RetroPGF 3 and future rounds.

* **Project Application**: The period for submitting the project.
* **Voting**: The date that badgeholders vote on the RetroPGF proposals.
* **Result**: The date on which the results of the voting are announced.
* **Awarded Project**: The number of projects that received the retro funding reward.
* **Total Award**: The total amount of OP tokens allocated for a specific retro funding round.
* **Average OP Received**: The average OP reward allocated to all awarded projects.

## **Application Funnel Overview**:&#x20;

<figure><img src="/files/fVMhJkvKsBZqYFo9FbuI" alt=""><figcaption></figcaption></figure>

Offers a detailed view of the application process, from initial submission to the final decision. The visualization will show the application process for each category submission, tracking progress from submission to receiving a reward, while also showing participation rates, pass rates, and the total number passing each stage.

* **Awarded Tab**: Projects that received funding rewards.
* **Eligible Tab**: Projects that passed the eligibility criteria and are eligible for the reward.
* **Applicant**: Projects that applied for the retro funding.

## **Project Details:**

<figure><img src="/files/FN5x0M6cFBSrmqHmqDY9" alt=""><figcaption></figcaption></figure>

Provides specific information on each eligible project, enhancing transparency and understanding of project dynamics.

* **Project Name**: The name of the project.
* **Category**: The category of the project, including Collective Governance, Developer Ecosystem, OP Stack, and End User Experience.
* **In Ballot**: The number of badgeholders who selected and voted for this project.
* **Received**: The amount of funding that the project received.


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