The Token Engineering Commons (TEC) has made significant strides in advancing the field of token engineering since January 2021, granting approximately $600,000 to various projects. A key innovation has been the development of the Tunable Quadratic Funding (TQF) mechanism, enhancing traditional Quadratic Funding by incorporating on-chain donor signals. Recently, TEC completed a Quadratic Funding round on Gitcoin Grants 21, focusing on projects that boost token engineering adoption and impact in the Superchain.

Looking ahead, TEC is engaged in an ongoing experiment from August to December 2024, with a total funding pool of $100,000 - half provided by TEC and half matched by Gitcoin. This experiment consists of two rounds: the completed Quadratic Funding round and an upcoming Retroactive Funding round slated for Q1 2025. The latter will utilize Gitcoin's EasyRetro on Allo Protocol and is exclusive to recipients from the August QF round. Awards will be based on progress against plans from Round 1 applications, with two key milestones in early September and late October. A panel of badgeholders with expertise in token engineering and Superchain governance will determine the awards.

Throughout this period, TEC is committed to educational initiatives, organizing events and communications to elucidate token engineering concepts and showcase grantees' work to Superchain stakeholders. The immediate next steps involve announcing details of the retroactive funding round to QF round participants, continuing educational efforts within the Superchain community, and preparing for the November retroactive funding round. This comprehensive approach underscores TEC's dedication to advancing token engineering, particularly within the Superchain ecosystem, through innovative funding mechanisms and robust educational programs.
