Week of September 2nd, 2024
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The Wannabet team is excited to announce their selection to develop an onchain social game for Optimism. The game allows users to place bets on weekly propositions and compete onchain, with the top performers earning OP rewards. This forum post aims to keep the community informed about progress and game launches, inviting feedback and suggestions. For more detailed information on Wannabet’s history, they have provided links to their website and GitHub.
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Cycle 27 Intent 3A Mission Request and Sponsorship
The forum post titled “Cycle 27 Intent 3A Mission Request and Sponsorship” introduces a thread for tracking new mission request proposals each cycle, facilitated by the user Gonna.eth (Dhannte). Users are guided through a step-by-step process which includes copying a provided template, creating a new forum post, filling out the necessary information, and tagging the post appropriately. If users are not Grants Council members, they should include “[Looking for sponsor]” at the beginning of the post title. Finally, they are required to return to the original thread and share the link to their mission request post in the replies for further engagement and sponsorship opportunities.
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[Mission Request] Optimism Treasury Diversification Research
The forum post titled “[Mission Request] Optimism Treasury Diversification Research” outlines a mission to explore treasury diversification strategies for the Optimism Collective, which currently holds 100% OP. The goal is to develop actionable plans supported by data to diversify part of the treasury into on-chain yield-bearing assets or real-world assets (RWAs). This initiative aligns with Season 6’s Intent 3A and aims to incentivize Optimism-based protocols to hold RWAs, thus fostering broader RWA adoption within the ecosystem. A grant of 25,000 OP is proposed for multiple applicants to conduct thorough research on treasury diversification strategies, the regulatory environment, and financial implications. The success of this mission will be measured by the number and quality of research reports and the subsequent growth of the Optimism treasury.
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In Cycle 25, the review process faced several hurdles, including rapid review timelines and technical difficulties with Charmverse. Despite these, all 50 applications were reviewed, but only three reviewers had full contextual understanding for final decisions, leading to a push of non-approved applications to the next cycle. For Cycle 26, improvements were implemented, such as integrating rubric comments for better transparency, splitting the review process among two groups of six Grants Council members for balanced decision-making, and involving the Developer Advisory Board (DAB) more effectively by adjusting timelines. Cycle 26 saw 29 new applications and 24 carryovers, with a new scoring threshold set to ensure robust selection. Ultimately, 12 new grants were approved, demonstrating the efficacy of the revised process. Looking ahead to Cycle 27, submissions will be open until September 2nd, encouraging applicants to refine their proposals based on feedback to meet the updated criteria. Special acknowledgment was given to Derive and Fraxtal for receiving the first Superchain grants, setting a high standard for future recipients. Additionally, audit requests were evaluated meticulously, with a total of eight requests scored, resulting in five approvals.
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Code of Conduct Council (CoCC) Internal Operating Procedures S6
The Code of Conduct Council (CoCC) for Optimism Season 6 outlines its internal operating procedures focusing on managing disputes and enforcing sanctions for violations within the community. It establishes mechanisms for reporting issues, ranging from direct contact with CoCC members to anonymous submissions via a reporting form. The scope of conflicts is categorized into small, medium, and large, with corresponding actions ranging from de-escalation to potential bans. The conflict management steps include identification, screening, deliberation, and follow-up phases, each with specific timelines. Additional measures include documenting processes while preserving privacy and providing mid and end-season reports for transparency and evaluation. Members must handle case registries confidentially and these operating procedures are subject to periodic updates based on evolving needs.