Project Name: L2 Planet & Optimism TR
Author Name: arabianhorses, 0xemre
Number of OP tokens requested: 30,000
L2 Recipient Address: l2planet.eth
Optimism alignment :
L2 Planet is a community project run by volunteers, researchers, developers, designers, and more. Our main goal is to educate the crypto community about Layer-2 solutions and accelerate Layer-2 adaption. We are running a biweekly L2 newsletter in both English and Turkish. We have 895 e-mail subscribers on Substack and 608 followers on Twitter(EN), 3481 followers on Twitter(TR). Also, we are building a L2 Hub to track L2 projects across all networks. We want to increase our speed on Optimism and introduce more Optimism native projects to our audiences. Since most of our team members are from Turkey, some of our content is in Turkish but we don’t see this situation as a disadvantage. Turkey has a lot of young crypto enthusiasts and some of them unfortunately don’t know English. We have recorded a video that explains how to run a node on Optimism and currently running OptimismTR account on Twitter, we have also published an article about Quixotic.
Proposal for token distribution :
· How will the OP tokens be distributed?
We are going to use all OP tokens to stimulate our contributors to Optimism projects. Optimism TR account, L2 Planet accounts, and team members’ accounts will be combined for the marketing activities of all the works mentioned below.
Phase 1 - Project Reviews: We will prepare detailed research reports in Turkish and English for Optimism projects each week(10 weeks total). Turkish reports will be published on Optimism TR and English on L2 Planet. 5000 amount of OP tokens will be used in this phase.
Phase 2 - Optimism Newsletter(Turkish): We will publish the weekly Turkish Optimistic Newsletter to convey Optimism’s latest developments and news. 20000 amount of OP tokens will be used in this phase.
Phase 3 - Organizing Events: We will organize AMA and educational events with Optimism projects to introduce projects to the community. 5000 amount of OP tokens will be used in this phase.
· How will this distribution incentivize usage and liquidity on Optimism?
As we promote Optimism and the projects growing under the Optimistic umbrella, more and more people will learn and use Optimism.
· Why will the incentivized users and liquidity remain after incentives dry up?
Actually we are already working for Optimism and other Layer-2 platforms, just want to boost our Optimism side with this incentive, so this question doesn’t make sense for us. Either our proposal passes or not, we will continue our operations on the Optimism side. We are Optimistic, and believe that real effort finds its value sooner or later.
· Over what period of time will the tokens be distributed?
Phase 1: After each report, 500 OP tokens will be unlocked and shared among the work contributors. All tokens in these phases will be unlocked total of 10 weeks.
Phase 2: After each issue, 384 OP tokens will be unlocked and shared among the work contributors. All tokens in these phases will be unlocked total of 52 weeks.
Phase 3: Details of token distribution for this phase are unclear. Some of the released tokens can be used to organize events or for event contributors.
· Has your project previously received an OP token grant? If yes, what’s the status of these tokens?
Nope, but we have taken grants in GR13 and GR14. Check out the L2 Planet Gitcoin page. We have created a contribution-reward model for incentive contributors. Grant tokens are distributed according to this model. L2 Planet treasury holds and manages remaining tokens.