The Protocol Guild is a self-curated registry mechanism focused on supporting Ethereum’s core protocol development. It serves as a decentralized funding pool designed to support key contributors to Ethereum’s infrastructure, such as developers and researchers, by allowing projects within the Ethereum ecosystem to contribute funds directly to the registry. This mechanism provides protocol developers with long-term financial support by collecting funds from stakeholders who rely on Ethereum’s continued growth and stability.
Originally conceived as a way to "boost the incentives around stewarding the core protocol," the Protocol Guild is maintained by its members, who curate entries in the registry to keep it accurate and relevant. Projects dependent on Ethereum, such as those on Layer 2 (L2) solutions or decentralized applications (dApps), are encouraged to contribute to the guild, helping it become an alternative funding source that is decentralized and community-driven rather than relying solely on traditional sources like the Ethereum Foundation or corporations.
Funds contributed to the Protocol Guild are distributed via a vesting schedule, where member contributions are time-weighted and rewarded according to a four-year linear vesting model. This ensures that funds are allocated fairly among members who have shown sustained commitment, fostering a system where ecosystem stakeholders directly support the backbone of Ethereum's infrastructure development