OP Bulletin: Weekly news and insights on the Optimism Collective 📰

eugenia · March 14, 2024, 9:01pm

Hey everyone! The OP Bulletin will now be published in this topic.

The OP Bulletin is an initiative to provide the Optimism community with concise weekly summaries of significant events in the Optimism Collective. You can find the three previous editions here: February 22nd, February 29th, March 7th.

OP Bulletin: Mission Requests, EIP-4844, and We the Art, March 14th

Here we are after a full day of blob memes. Let’s dive into this week’s OP Bulletin.

TL; DR - top 5 of the week

4844 OP Mainnet
We the Art winners
The Path to Metagovernance
R1 Mission Request Preliminary Review Roundup
Mission Requests Round 2 open

Ecosystem News

4844 OP Mainnet

Yesterday EIP-4844 went live on the Ethereum mainnet!

The EIP-4844 upgrade introduces protodanksharding, advancing Ethereum’s transaction architecture. This upgrade implements blob-carrying transactions, KZG commitments, and brings changes to the consensus layer storage. These changes collectively lead to a reduction in operational costs, marking a crucial milestone in Ethereum’s scaling efforts.
Implementation went live on Optimism at midnight and transaction costs in OP Mainnet went way down. Median transaction costs for OP Mainnet are just ∼ $0.02 USD!

We the Art winners

On Monday the final list of We the Art winners was announced!

We The Art is an initiative to celebrate onchain artists. The contest split a pool of 1,200,000 OP prize between four categories. Over 7,000 creators submitted their art, judging took multiple rounds until the 188 winners were selected. Read the full announcement.

Fault proofs to OP Sepolia

According to Kelvin Fichter and Ryan Wyatt, permissionless fault proofs will be shipped to OP Sepolia testnet in about 6 days.

Governance News & proposals

Discussion: The Path to Metagovernance

Metagovernance is the process of governing governance. In Optimism, the Collective gradually takes on more responsibility for the system and governance responsibilities, facilitated by the Foundation based on community feedback.

The Path of metagovernance post discusses the roadmap by which proposing design changes to the system will evolve over time. It outlines how the community is currently involved and the ‘path to metagovernance’, multiple phases to further include the community in metagovernance and gradually formalize the feedback process on governance design.

Phases are still in development. However, building shared context within the Collective is necessary to move into Phase 1, where community feedback will be incorporated during the design process. You can browse through the Optimism Open Metagovernance Design Resources in the Collective DAO Archives. Lavande also walked through this post and provided more useful context in this week’s Collective Community Call, here’s the recording.

Grant News

R1 Mission Requests - Preliminary Grant Review Roundup

Before moving to the Decision Period, the Grant Council posts a Grant Review Roundup. This Preliminary Review of Round 1 was posted earlier today. All submissions were thoroughly evaluated and 105 proposers will be considered for Final Review. Cycle 19 Final Grant Decisions Roundup deadline is set for Mar 27th.

Some Mission Requests will not be receiving submissions in round 2, these were marked as ‘closed’. Only round 1 finalists will be considered for these. Mission Requests marked as ‘continue’ or ‘push forward’ will open in round 2, with the distinction that ‘continue’ MR will choose finalists and open again for submissions, while ‘push forward’ will consider finalists from round 1 at the end of round 2.

Check out the Preliminary Review Roundup.

Mission Requests Round 2

The submission period for Mission Requests Round 2 opened today at 7pm GMT for all existing mission requests except these:

Intent 3

An optimistic future for art
Delivering a best in class perp DEX MR
Superchain Accounts

Intent 4

Building Identity - driving adoption of attestations
Making impact evaluation accessible
Grants Supertracker

Those interested in applying for the available Mission Requests can prepare their submissions by reading the Charmverse and Mission Application Guide. As always, if you have any questions you can ask your questions on the #mission-grants channel in the Optimism Discord or attend the Grants Council Office Hours on Monday, link in the Governance Calendar.

Voting Reminders

No active proposals at the moment.

Upcoming Calls

Grants Council Office Hours [Monday, March 18th]
ACC Office Hours [Thursday, March 21st]

You can add Optimism governance calls to your calendar here.

Optimism Collective Resources

Stay Connected, Stay Informed

Every week, we analyze new proposals, summarize discussions, and provide you with the tools to bring informed contributions to the Collective.

Follow us on X and Substack .

Would love to hear your feedback!

eugenia · March 21, 2024, 5:34pm

OP Bulletin: Bounty for artists, feature complete fault proofs, and the Superchain Dev Console, March 21st

This week’s OP bulletin is packed with ecosystem news and grant news and discussions. Dive in!

TL;DR

New Superchain Dev Console
Feature-complete fault proofs on OP Sepolia
Demo Day now livestreamed
Aave Gotchi is exploring the OP Stack
The Superchain App Accelerator
Fraxtal on the Superchain
Discussion on Retro Citizens Rewards
Code of Conduct Council feedback
Visualize the Superchain and get a bounty
Apply for a Mission Request

Ecosystem News

New Superchain Dev Console

A sneakpeak was shared during today’s Demo Day of the new developer portal for Superchain developers. This new portal provides testnet faucets, you can also get customized UX feedback, developer support channels and more tools to help you build, launch, and grow your app on the Superchain.
Check it out.

Feature-complete fault proofs on OP Sepolia

The OP Labs Team announced the deployment of feature-complete fault proofs on OP Sepolia testnet, enabling permissionless validation. This marks the first open source, permissionless, feature-complete fault proof system in the Ethereum ecosystem.

Now, withdrawals of ETH and ERC-20 tokens from OP Stack chains can be initiated without involvement from a trusted third party. Invalid withdrawals can be challenged and removed by any participant in the protocol. Additionally, a fault proof framework for the OP Stack has been launched, making it easier to integrate more proof systems into existing smart contracts.

Moving forward, the team plans to deploy on mainnet with the ultimate goal of achieving “multi-proof nirvana,” which eliminates the current reliance on security councils. Read the announcement.
Read an overview on the current fault proof system.

Demo Day in their livestream era

Demo Day focuses on showcasing projects across the Superchain and giving these projects community feedback. Demoday used to be broadcasted on Discord, but is now available on the Unlonely app and Optimism’s X account.
This week we listened to Blockjoy and Matters Town.
Check out this week’s broadcast

Aave Gotchi is exploring the OP Stack

Gotchi Chain, the upcoming L3 rollup dedicated to Aavegotchi Gaming, will be secured by Base and is currently exploring using the OP Stack to enhance the chain.
Read the article.

Last week also brought us two exciting news:

The Superchain App Accelerator

Third Web partners with Optimism to bring the Superchain App Accelerator.

The accelerator will offer credits for developers to build apps on different Superchain networks with seamless user experiences, easy onboarding, and no gas fees. The $3M fund will focus on bringing the cost of building & using onchain apps to zero.
Read more.

Fraxtal on the Superchain

Last week, Fraxtal, the modular L2 chain built by Frax Finance launched on mainnet!

Fraxtal uses the OP Stack for its smart contract platform and execution environment, with a settlement layer built for L3, apchains and rollups from any stack. Fraxtal vision includes focusing on interoperability and continuing to collaborate with the Superchain.
Read the Superchain Eco post.

Governance News & proposals

Voting Cycle #20 Voting Period begins today

Discussion on Retro Citizens Rewards

After finalizing RetroPGF3 and sharing the learnings on the latest round, it was announced citizens will be rewarded for their extensive work in reviewing projects. Collectively citizens submitted more than 10,000 votes in Retro Funding 3.

A specific point in the published criteria is generating discussion between some citizens as it rewards voting for 58+ projects. Some citizens argue this should be improved in further iterations as it deters citizens’ individual strategies of concentrating in reviewing all but concentrating their voting in a few high impact projects.
Read the discussion.

Code of Conduct Council feedback

The CoC Council is still receiving feedback on different approaches they’ve been exploring. These include:

Amendments to the procedure following the receipt of a report
Issuing reputational and mutual acknowledgment attestations for OP citizens, highlighting positive actions
Whitehat Safe Harbor Agreement, a framework in which protocols can offer legal protection to whitehats who aid in the recovery of assets during an active exploit
Proposal to Alter Token House Code of Conduct Council Charter for following Seasons. Considering the extensive labor in crafting CoC reports, the council proposes to extend deadlines for reports. Timeframes for the new deadline are open to discussion

Grant News

Foundation Mission: Visualize the Superchain

Optimism is running a $2500 USDC bounty for artists interested in visualizing the Superchain. The top three submissions will receive 1500 for first place, 750 for second place, and 250 for third place. Any format is welcome: sketch, illustration, motion, etc. Submissions will be judged by the Optimism Unlimited Marketing and Design teams.
Learn more and submit your art by March 25th.

Apply for a Mission Request

Round 2 submission period is ongoing! Review the open Mission Requests and submit your project before Wednesday March 27th 19:00 GMT.

Prepare your submissions by reading the Charmverse and Mission Application Guide. As always if you have any questions you can ask your questions on the #mission-grants channel in the Optimism Discord or attend the Grants Council Office Hours on Monday, link in the Governance Calendar.

Voting Reminders

No active proposals at the moment.

Upcoming Calls

Grants Council Office Hours [Monday, March 25th]
ACC Internal Meeting [Thursday, March 26th]
Joint House Community Call [Thursday, March 26th]

You can add Optimism governance calls to your calendar here.

Optimism Collective Resources

Stay Connected, Stay Informed

Every week, we analyze new proposals, summarize discussions, and provide you with the tools to bring informed contributions to the Collective.

Follow us on X and Substack.

Comment below or on X - would love to hear your feedback!

eugenia · March 28, 2024, 6:30pm

OP Bulletin: RetroPGF 4 and beyond, Collective Feedback Commission, onboarding OP Chains, March 28th

This week’s newsletter is packed with governance and grants announcements.
Jump in!

TL;DR

Velodrome to become the Superchain’s liquidity hub
Builder Ideas dashboard revamped
Superchain Dev Console launch
Introducing the Collective Feedback Commission
Onboarding OP Chains to Optimism Governance
Curia’s Governance dashboard updates
Token House participation and incentives report
RetroPGF: a new era
Mission Requests R2: last day to apply!
Mission Requests: Developer Advisory Board reviews

Ecosystem News

Velodrome to become the Superchain’s liquidity hub

Velodrome, the trading and liquidity marketplace on Optimism, is evolving to become the liquidity hub of the Superchain. Velodrome will begin this expansion with Mode Network, a DeFi optimized modular L2, introducing Velodrome’s AMM and gauge technology.
Read about Velodrome’s partenership announcement

Builder Ideas dashboard got revamped

The contributor dashboard contains ideas to redirect builders towards projects that are needed within the Optimism Ecosystem. These include developer tooling ideas, dapp ideas, protocol infrastructure ideas and more. While it’s not an avenue to get a grant or get guaranteed rewards, it’s a great way to get started contributing in relevant impact areas.
Explore Builder Ideas

Superchain Developer Console launched

After showcasing a sneak peak in last week’s Demo Day, the new Superchain Developer Console was officially unveiled.

The Dev Console serves as a one-stop-shop for builders on the Superchain. It helps app developers build, launch and scale businesses in the Superchain. This includes a Superchain faucet, a testnet paymaster to get your testnet transactions sponsored, UX feedback, user feedback, a way to amplify your launch through Superchain marketing channels.

Check out the Superchain Console

Governance News & proposals

Introducing the Collective Feedback Commission

The Collective is progressing to gradually include the community in metagovernance. As part of Phase 1 of this process, the Foundation announced the Collective Feedback Commission.

The Commission serves as a group of highly engaged community members that will be involved earlier in governance design, providing feedback on early design drafts when necessary. The Commission will include 10 Citizens and 15 delegates who qualified based on their previous contributions. The Foundation will reach out to qualifying members as they must opt-in to the Commission before March 31st. The Commission’s 6-month trial period will begin April 1st.

Additionally, as part of Phase 1, frequent polls will be conducted on low-context design parameters, open to any community member’s input.

Announcement and qualifying members | The Path to Metagovernance | Check out The Collective DAO Resources for context on DAO design

Onboarding OP Chains to Optimism Governance

The Foundation announced measures to ensure active, aligned and informed participation of OP Chains in the Optimism Collective. In 2024, 5 to 10 more OP Chains will be brought into the Collective, increasing the number of high impact contributors building the Superchain.

Measures include: onboarding through the Chain Delegation Program before unlocking voting power through their grants, strong recommendations to get involved in governance and integrate community feedback, potential recommendations to delegate voting power, and voting caps may be applied.

New updates on Curia’s Governance dashboard

The Optimism Governance Dashboard by Curia released a new version including enhanced UI and updates reflecting delegate’s partial delegation. Each delegate’s profile provides insights into voting power sources.
Explore the new updates

Token House participation and incentives report

The report introduced by @Joxes and team evaluates the progress of governance within the Optimism Collective during Season 5 (Cycles 16 to 19). The report provides insights on the state of the Collective, participation and voting, delegate activity, among other insights with the aim to gather useful data to improve future processes.
Read the report

Grant News

RetroPGF: a new era

The Collective will allocate 850M OP to Retro Funding from the initial token supply to reward impact across Optimism, and the Superchain.

After RetroPGF3 learnings and feedback on Citizen workload, Retro Funding will transition from the RetroPGF traditional approach of broad scoped rounds to narrowly scoped round. The announcement outlines the next four rounds:

Retro Funding 4: Onchain Builders - May 2024
Retro Funding 5: OP Stack - late July/August 2024
Retro Funding 6: Governance - August 2024
Retro Funding 7: Dev-tooling - October 2024

The announcement also outlines details on two types of experiments that will be conducted on Retro Funding 4-7 to evaluate different types of impact. Read the details on the forum post.

Details on the application process are expected in the next few weeks. Each round will last about 2 and a 1/2 months and the specific amount of rewards allocated will be announced 8 to 12 weeks before its start.

Contributions that are outside of the scope of upcoming retro rounds include consumer facing tools, education initiatives and events. The Optimism Collective can still support these contributions via Token House Missions or in future Retro Funding rounds.

Announcement | Forum post discussion

Mission Requests R2: last day to apply!

The Grants Council extended the round 2 application deadline to the 29th of march 19:00 GMT.

Read through the Mission Application Guide and submit your project through Charmverse. If you have any last minute questions you can ask your questions on the #mission-grants channel in the Optimism Discord. Keep in mind the penalty for last minute applications is already in place, all applications submitted after March 25th 19:00 GMT get a two point reduction in scores.

Mission Requests: Developer Advisory Board reviews

The Developer Advisory Board reviewed all the Intent 1 Mission Requests finalists elected by the Grants Council. You can find their advice on this post.

Voting Reminders

No active proposals at the moment.

Upcoming Calls

Grants Council Office Hours [Monday, April 1st]

You can add Optimism governance calls to your calendar here.

Optimism Collective Resources

Stay Connected, Stay Informed

Every week, we analyze new proposals, summarize discussions, and provide you with the tools to bring informed contributions to the Collective.

Follow us on X and Substack.

Would love to hear your feedback!

eugenia · April 4, 2024, 7:33pm

OP Bulletin: Redstone and the Superchain, RetroPGF verification, ACC new members | Apr. 4th

This week brings a shorter newsletter after last week’s RetroPGF, Collective Feedback Commission and Onboarding OP Chains announcements. Let’s begin!

TL;DR - top news of the week

Redstone Superchain
RetroPGF 3 verification powered by EZKL
Anticapture Commission welcomes new members
Catch up on The Collective DAO Resources
MACI-RPGF round on OP Sepolia
Mission Requests Review period
Ongoing discussion: upcoming Retro Funding rounds

Ecosystem News

Redstone Superchain

Redstone, the chain for onchain games and other applications building on the Superchain is approaching mainnet launch on May 1st. As the date approaches, the Redstone community, including projects like Small Brain Games and Moving Castle, will debug and battle-test their apps on Redstone.

Read the announcement

RetroPGF verification powered by EZKL

The @ezkl team worked on proving the correctness of RetroPGF 3 results through a cryptographic proof. This aims at confirming allocation corresponds to votes cast by badgeholders while maintaining the privacy of these votes.

Through EZKL’s website you can now run proof verification in your browser. You can also tamper with the proofs and OP rewarded to verify they fail or succeed when changed.

Read and provide feedback | Website

Governance News & proposals

Anticapture Commission welcomes new members

After re-evaluation of ACC membership criteria, three new members, @itublockchain, @Griff, and @she256, joined the commission. These individuals met the new criteria:

They maintained a voting participation of at least 70%, with more than 3 votes cast.
Delegates who cast their first vote in 2022 were eligible with a voting participation of at least 65%.
They have received retro rewards for their contributions to governance.

The Anticapture Commission represents the interests of individual delegates, and prevents actions that may result in the capture of the Token House by any one tokenholder or group of tokenholders.
Announcement | Learn more about the ACC

Catch up on The Collective DAO Resources

Through the Path to Metagovernance, the Optimism Collective will gradually take on more governance and system responsibilities, facilitated by the Foundation. As part of this roadmap different initiatives will further involve the Collective in DAO design.

The path outlines the importance of building shared context in DAO and governance design principles. As part of this process, The Collective DAO Resources open-source useful principles and processes to begin building this shared context. If you’re interested in getting involved with governance, next week’s community call will include an overview on these resources.

Check out The Collective DAO Resources | Optimism Governance Calendar

Grant News & Discussion

MACI-RPGF on OP Sepolia

In February, @samajammin proposed a project to add private bribery-resistant on-chain voting for Retro Funding upcoming rounds. The RetroPGF stack would be integrated with MACI, a privacy-focused on-chain voting platform. User registration, voting data and poll logic is stored on-chain, while tallying the votes would be offchain with ZK Proofs to guarantee its correct execution.

A Retro Funding powered by Maci would bring security benefits to voting: improving transparency, ensuring badgeholders cannot be censored or manipulated and users cannot verify how any specific user voted.

This Tuesday RPGF-MACI deployed on OP Sepolia testnet, and you can now demo it:
Read the proposal | RPGF-MACI demo

Mission Requests in Review Period

Submission period ended on Mission Requests round 2.

We’re now in the Review Period until April 24th, when the Grant Council will post the Grant Review Roundup. This roundup will feature the finalists selected for further consideration during the Decision Period.

Ongoing discussion: upcoming Retro Funding

As described on last week’s OP Bulletin, the 2024 Retro Funding rounds were announced.

The Collective will allocate 850M OP to Retro Funding from the initial token supply to reward impact across Optimism, and the Superchain. Each round will have specific scopes and two evaluation experiments will be implemented to evaluate the scope’s different types of impact. These adjustments address the Collective’s feedback to reduce and clarify the scope. The announcement also aims at sharing scope and experiment information with time to bring more previsibility into the process.

The announcement continues to spark comments from DAO members particularly surrounding projects that may no longer qualify for 2024 Retro Funding rounds, as well as inquiries about the evaluation systems in place.

Announcement | Read the discussion

Voting Reminders

No active proposals at the moment.

Upcoming Calls

Grants Council Office Hours [Monday, April 8th]
Collective Community Call [Tuesday, April 9th]
ACC Office Hours [Thursday, April 11th]

You can add Optimism governance calls to your calendar here.

Optimism Collective Resources

Stay Connected, Stay Informed

Every week, we analyze new proposals, summarize discussions, and provide you with the tools to bring informed contributions to the Collective.

Subscribe to our newsletter in Substack opbulletin.substack.com

eugenia · April 11, 2024, 8:27pm

OP Bulletin: New voting proposals, Mode Yield Accelerator | Apr. 11th

TL;DR - top news of the week

Introducing the Mode Yield Accelerator
Alchemy AA features for Zora and Frax
DAO Design Principles presentation
Improve advanced delegation voting
Intents Budget Proposal #2
Cycle 22 Submission Roundup is published

Ecosystem News

Mode introduces the Mode Yield Accelerator

Mode Network announced the Mode Yield Accelerator, aimed at growing native projects within the Mode ecosystem, particularly those focused on Yield and DeFi. The accelerator is now open for registrations and runs until June 2024.

The program includes partnerships with Optimism among other projects. Eligible projects should integrate yield into their products or utilize DeFi primitives from partners. Various categories like DeFi, Restaking, SocialFi, and AI are encouraged.

Learn more

Alchemy <> Zora and Frax

Alchemy offers its Account Abstraction features for Zora and Frax, joining Base and OP Mainnet which are already supported. This includes features like Embedded Accounts, AA infrastructure, Modular Account Contracts, Alchemy Signer, and AA-SDK.

Learn more about Alchemy’s AA product suite and how you can start building on Zora and Frax here.

Governance News

Voting Cycle #21 Voting Period begins today, see Voting reminders.

DAO Design Principles

Lavande presented the 11 DAO Design Principles to the community on Tuesday’s Community Governance Call. This collection of principles together with the DAO Function are both used in the design of the Optimism Collective.

Learn more about DAO design through The Collective DAO Archives, an open source public good that showcases documents, blueprints, tools and principles in design.

Voting Reminders

Improve advanced delegation voting

Action proposed: governor contract upgrade

This proposal by Agora updates the Token House’s governance smart contract after the last governor update which included advanced delegation, allowing token holders to delegate their voting power to multiple delegates without splitting their balance.

The change would upgrade the governor contract, allowing delegates who have received advanced delegation to vote by signing only one transaction and providing a better experience.

If approved, a Citizen’s veto vote will follow from April 18th to April 24th before implementation.

Read the proposal and access Open Zeppelin’s audit | Cast your vote before April 17th

Season 5: Intents Budget Proposal #2

Action proposed: redirect funds towards Mission Requests

The Grants Council proposes using the 1.040.000 OP intended to return to the Gov Fund towards 5 Mission Requests. Additionally, the Grants Council will allocate 1M OP to 3 other missions, this 1M OP amount has already been approved in the Token’s House Budget.

This funding for these mission requests allows for the Grant Council not to decrease the number of finalists in Cycle 22 compared to the previous cycle.

Read the proposal | Cast your vote before April 18th

Grant News

Cycle 22 Submission Roundup is published

Before moving to the Decision Period, the Grant Council posts a Grant Review Roundup.

Last Friday, the Grants Council posted the Cycle 22 Submission Roundup. In this cycle, the Grants Council received 230 submissions. It will now review those applications together with the 54 applications from round 1 that were passed forward to be considered with round 2 finalists.

Grantees for Cycle 22 will be announced on May 8th.

Read the Submission Roundup

Upcoming Calls

Grants Council Office Hours [Monday, April 15th]
ACC Office Hours [Tuesday, April 16th]

You can add Optimism governance calls to your calendar here.

Optimism Collective Resources

Stay Connected, Stay Informed

Every week, we analyze new proposals, summarize discussions, and provide you with the tools to bring informed contributions to the Collective.

You can also support OP Bulletin newsletter by following us on opbulletin.substack.com

eugenia · April 18, 2024, 6:48pm

OP Bulletin: Retro Funding 4 - 10M OP to reward Onchain Builders | Apr. 18th

TL;DR - top news of the week

World Chain joins the Superchain
EIP-4844 reduced 99.5% L1 Superchain costs
Mint joins the Superchain
Zeeve extends RaaS support to the Superchain
Improve advanced delegation proposal moves to the Citizen’s House
Intents Budget Proposal #2 succeeded
Retro Funding 4: 10m OP to reward Onchain Builders

Ecosystem News

World Chain joins the Superchain

After being on OP Mainnet, Worldcoin launched their own chain within the Superchain ecosystem. World Chain prioritizes verified humans over bots for blockspace and offers gas allowances for casual transactions. It aims to reach millions of users worldwide with utility-focused apps integrated with the Worldcoin protocol.

World Chain is an OP Stack chain that will be heavily targeted for scale, with a short term goal of increasing the L2 block gas limit by a significant factor.

Read the announcement | X announcement | Finding a scalable home for Worldcoin article

EIP-4844 reduced 99.5% L1 Superchain costs

A month after the Dencun and Ecotone upgrades, Optimism assesses the impact on L1 costs. The upgrades reduced costs from 1224.65 ETH spent on the week of March 7-13 to 5.5 ETH spent on April 8-14.

Optimism X article | Check out more data by OP Labs PBC

Mint joins the Superchain

Mint, the L2 focused on the NFT space, announced it will join the Superchain and build on the OP Stack.

“Currently, OP stands as one of the best choices among L2 solutions. As an integral participant in the L2 landscape, OP Stack has demonstrated its worth, aligning perfectly with Mint Blockchain’s mission to drive innovation in NFT standards and protocols.”

By working on Conduit and building with OP, Mint will reduce gas fees, achieve higher transaction speeds and higher composability.

Why Mint Blockchain Embraced OP Stack

Zeeve extends RaaS support to the Superchain

Through this partnership, Zeeve will help deploy, integrate, and manage the underlying Rollup infrastructure, saving time and money, enhancing the Superchain builder experience. This partnership also extends the benefits of the OP Stack to the Zeeve community, including 30,000+ web3 startups.

Read the Zeeve announcement

Governance News & proposals

Voting Cycle #22 Review Period begins today

Last week, the Token House voted on two proposals which have passed:

Intents Budget Proposal #2 succeeded

With 38.31M OP ‘for’ votes, the Intents Budget Proposal seeking to reallocate funds toward Mission Requests succeeded. 1,040,000 OP from the Gov Fund will now support 5 Mission Requests with strong demand. This allows for the Grant Council not to decrease the number of finalists in Cycle 22.

Read the full proposal

Improve advanced delegation proposal moves to the Citizen’s House

This proposal includes a governor update that enables voters with advanced delegated voting power to cast their votes in a single transaction, enhancing and simplifying voting experience. With 54.32M OP ‘for’ votes, the proposal succeeded and now, as it requires updating the governor contract, moves on to a Citizen’s House veto vote.

Voting Reminders

Citizens House: Improve advanced delegation voting

Citizen’s may veto the proposal Governor Upgrade #1: Improve advanced delegation voting. If you disagree with the proposal that succeeded Token House voting, you may cast your vote until April 24th. A veto requires 45 veto votes.

If you do not wish to veto but would like to register your participation in this voting cycle, you may select “No Veto”.

Deadline: April 24th on Snapshot

Grant News

Retro Funding 4: 10M OP to reward Onchain Builders

Details on the upcoming round of Retro Funding 4 were unveiled earlier today! Retro Funding 4 will allocate 10M OP to onchain builders who have positively impacted the Optimism ecosystem between October 2023 - June 2024.

Who can apply? Projects building across the Superchain, deploying contracts in one or more OP Chains, who have increased demand for blockspace and driven value to the Collective. OP Chains include: OP Mainnet, Base, Zora, Mode, Frax and Metal.

Impact that will be rewarded in this round:

Demand generated for Optimism Blockspace
Interactions from repeat Optimism users
Interactions from Optimism users with high trust scores
Interactions of new Optimism users
Open Source license of contract code

Voting and metrics

As outlined in a previous post, Retro Funding 4 will implement Metrics-based Evaluation for voting. Instead of badgeholders voting on individual projects, they’ll select and weigh impact metrics. Citizens’ input will shape these metrics. More details on this will be announced soon.

Preliminar dates:

Sign up: May 23rd - June 6th
Application Review Process: June 6th - June 18th
Voting: June 23rd - July 8th
Results & Grant delivery: July 15th

Read the full forum post

Upcoming Calls

Grants Council Office Hours [Monday, April 22nd]
Joint House Community Call [Tuesday, April 23rd]

You can add Optimism governance calls to your calendar here.

Optimism Collective Resources

Stay Connected, Stay Informed

Every week, we analyze new proposals, summarize discussions, and provide you with the tools to bring informed contributions to the Collective.

You can also subscribe to the OP Bulletin newsletter through Substack: opbulletin.substack.com

eugenia · April 25, 2024, 9:20pm

OP Bulletin: Protocol Upgrades are coming and Retro Funding 4 application process | Apr. 25th

TL;DR - top 5 of the week

Celo to build on the OP Stack
Lisk partners with Rarible
Improve advanced delegation proposal passed
Protocol Upgrades are coming
Retro Funding 4: application and review process
Optimism Collective Speed Networking this Friday!

Ecosystem News

Celo to build on the OP Stack

On Earth Day, April 22nd 2024, Celo celebrated its 4th anniversary with an announcement: its migration to become an L2 building on top of the OP Stack.

Following Celo Labs’ proposal for the blockchain’s migration at last year’s ETHCC, a community vote and multiple tests Celo implemented a hard fork to prepare for the migration. This will bring many benefits for Celo, including reduction in block time, a 50% increase in throughput and enhanced security bridging to Ethereum. “Building with the OP Stack allows a clear path to deploy an L2 without compromising Celo community needs”

Celo anticipated the launch on the OP Stack on testnet could happen as early as Summer 2024. Welcome to the OP Stack, Celo!

Read the announcement | Hear more about Celo’s journey to join the Optimism Collective

Lisk partners with Rarible

Lisk, a member of the Superchain not yet on mainnet, has partnered with Rarible. This partnership will enable Rarible SDK + APIs for all Lisk builders. This will allow apps, wallets, and marketplaces on Lisk to have real-time access to the status of NFT ownership and their origins.

Governance News & proposals

We are in Voting Cycle #22 Review Period

Improve advanced delegation proposal passed

After passing the Token House vote, the proposal moved on to the Citizens House Veto vote. The proposal passed, receiving no veto votes.

The “Improve advanced delegation” proposal includes a governor update that enables voters with advanced delegated voting power to cast their votes in a single transaction, enhancing and simplifying voting experience

Learn more about the proposal

Protocol Upgrades are coming

On this week’s Joint House Community Call, Ben Jones provided an overview of different protocol upgrades that the Optimism Collective will be voted on Voting Cycle #23A (May 23 - May 29).

Governor Upgrade including UX improvements and bug fixes.
Protocol Upgrade: This upgrade will bring Fault Proofs on mainnet. Feature completeness will be high, this upgrade will allow anyone to propose the state of Optimism, and anyone to prove them wrong permissionlessly.
Protocol Upgrade: Pause structure modification. This upgrade will shift the ability to pause in the event of an emergency over the Security Council, resulting in both the Security Council and Foundation having the ability to pause the system. In the event of capture, the Security Council will be able to revoke the Foundation’s pausing ability.

Both protocol upgrades prepare Optimism for Stage 1.

More details to be announced when the proposals are published.

Voting Reminders

No active proposals at the moment.

Grant News

Retro Funding 4: Application process

As introduced in this post and this post, Retro Funding 4 applicants will be evaluated according to metrics. Yesterday new details for the application process and review were posted. Here’s what you need to know.

Eligibility Requirements

Beyond meeting the scope, projects are required to collect certain artifacts before applying, including verification of ownership of the project’s Github Repo, verification of ownership over a contract or set of contracts, and providing verification over NPM packages.

What’s new in the application process

You’ll need to sign in via a Farcaster account. This will aid in account recovery and allow for a project to change their address and email associated if needed. Retro Funding hopes to benefit from these functionalities among others such as account verifications - which enables users to import elements of their identity (NFTs, ENS) from their other Etherum accounts. Additionally, signing in through Farcaster allows for long term individual and project identity.

You will need to create a project before beginning the application process. This decision is based upon learnings from previous rounds, allowing for a lasting project’s identity instead of it being related to a specific application. Separating applicants from projects reflects the nature of projects as it makes it possible for projects to be run by multiple people, and for those people to change over time. It enables projects to build reputation by consistently creating impact and receiving funding, as well as for individuals to build their own reputation.

Read more details | Retro Funding 4 Checklist for Builders and Voters | Retro Funding 4 post

Retro Funding 4: Application Review Process

The Application Review Process for Retro Funding Round 4 has been released. This includes a proposed review process for Retro Funding rounds. Read it here.

The post also goes over the application review process for Retro Funding 4:

Eligibility criteria and application rules are established
Retro Funding application submissions: the sign up flow is enforcing some of the eligibility criteria (e.g. applicant needs to provide Github, onchain contracts etc.)
Application review Phase 1. Applications that don’t meet eligibility criteria or are spam will be automatically excluded. Applications then move to a Manual Human review.
Appeals: All applicants excluded in review phase 1 can hand in an appeal
Application review phase 2: appeals are reviewed by badgeholders
Application attestation: Following application review, attestations which indicate approval or rejection are issued for each Retro Funding application.

Additionally, the post includes the draft of application rules for round 4.

Upcoming Calls

Joint House speed networking session: an opportunity to get to know governance members [Friday, April 26th]
Grants Council Office Hours [Monday, April 29th]
ACC Office Hours [Thursday, May 2nd]

You can add Optimism governance calls to your calendar here.

Optimism Collective Resources

Stay Connected, Stay Informed

Every week, we analyze new proposals, summarize discussions, and provide you with the tools to bring informed contributions to the Collective.

You can also subscribe to the OP Bulletin newsletter through Substack: opbulletin.substack.com

eugenia · May 2, 2024, 7:43pm

OP Bulletin: deliberative processes experiment and introducing backstop grants | May 2nd

TL;DR - top news of the week

Redstone is live on Mainnet
Article: 336K+ creators on the Superchain
Nym <> Superchain
Code of Conduct Council amends Internal Procedures
GovScore adds Vote with Reason
Discussion: Individual Contribution Logs
Deliberative Processes Experiment in the Collective
Introducing Backstop Grants
Retro Funding 4 livestream

Ecosystem News

Redstone is live on Mainnet

Built and developed by Lattice, Redstone supports autonomous worlds and MUD applications. Redstone marks the first OP Stack chain to deploy with Plasma Mode, an alternative data availability protocol and a key feature for the OP Stack developed by Lattice and OP Labs.

“Historically, OP Stack Chains have relied on the Ethereum Mainnet for data availability. Now with Plasma Mode, anyone can deploy an OP Stack Chain with the data availability layer of their choosing, greatly reducing transaction costs while maintaining security.” Read more in the Optimism Collective Article.

Article: 336K+ Artists & Creators Now Call the Superchain Home

Optimism revealed an article showcasing the impact that We The Art has had on the Superchain. Since the beginning of the event on November 3K+ first-time creators were onboarded, 184K+ creators created art on the Superchain, and throughout 2024 unique creators and NFT minting has consistently grown. Read the article

Nym <> Superchain

Nym will now offer early access NymVPN to the Optimism Ecosystem. NymVPM is built on the Nym mixnet and offers privacy protection. With its ZK infrastructure and other features like multi-hop default routing it ensures your online activities remain secure and anonymous.

Nym will be part of the Superchain Demo Day on May 9th, live on the Unlonely app and via Optimism’s X account. Join the session to learn more about Nym and its tech!

Governance News & proposals

We are in Voting Cycle #22 Voting Period

Code of Conduct Council amends Internal Procedures

Amendments on the Internal Procedures include: details on addressing, notifying and evaluating a report, procedures on reported parties subsequent violations, among others. These aim to clarify the original procedures outlined for the CoCC.

Check out the updated Internal Procedures of the CoC Council and leave feedback on the new amendments.

GovScore adds Vote with Reason

GovScore, the platform that helps token holders find Optimism delegates based on their onchain history, has added ‘Vote with Reason’ to its aggregated metric calculation. GovScore is now computed taking into account your recent voting history, voting power level, having an onchain identity and justifying their reason behind their vote casting.

Check out GovScore | Read more

Discussion: Individual Contribution Logs

@lovegrovegeorge proposes incorporating individual contribution logs as a way to record an individual’s contribution efforts and its potential benefits to the community. These advantages include improved contribution verification, performance based decision making, improved identification of impact, more accountability, among others.

Voting Reminders

No active proposals at the moment.

Grant News

New Deliberative Processes in the Collective

During Retro Funding 4, Optimism will experiment with deliberative processes by randomly selecting 50 voters to discuss a topic relevant to the round. The topic will be facilitated by rnDAO and Missions Publiques, who are specialized in designing and running such processes.

Selected voters will participate in plenary and subgroup settings across 2 sessions on May 30th and June 6th. Between sessions, the community will be able to comment on the draft output of the deliberation. Additionally, the plenary sections will be opened to the full set of voters.

The Citizens’ House will ratify the output of the deliberative process before Round 4 voting begins and after it will be incorporated directly into the Retro Funding 4 voting mechanism.

More details to be announced before the random selection of voters begins.

Introducing Backstop Grants

Backstop grants provide a path for teams to commit building in Optimism full-time. In instances where the Foundation would make a Partner Fund grant, a milestone-based backstop grant can be made for a token amount over a specified time period and specified scope of work.

Target grantees : builders dedicating all or a majority of their work to the Collective.

How it works
Selected grantees will be encouraged to participate in Retro Funding rounds that match their contribution. If the grantee receives a lesser amount than their grant, the Foundation will cover the remainder to meet that amount. If the amount is met in the round, the grantee will not receive any additional tokens. Amounts for backstop grants will not be disclosed so voters can assess a project’s impact without its influence.

Backstop grants don’t replace Retro Funding, which still remains the long-term source of support for teams.

Read the announcement

Retro Funding 4 livestream

On Tuesday, @Jonas, @bobby and other builders of the community participated in a livestream answering questions and giving tactical advice about the round. If you missed it check it out.

Upcoming Calls

Grants Council Office Hours [Monday, May 6th]
ACC Office Hours [Tuesday, May 7th]
[BADGEHOLDERS ONLY] Retro Funding 4: Impact Metrics Workshop [Tuesday, May 7th]

You can add Optimism governance calls to your calendar here.

Optimism Collective Resources

Stay Connected, Stay Informed

Every week, we analyze new proposals, summarize discussions, and provide you with the tools to bring informed contributions to the Collective.

Topic		Replies	Views
OP Bulletin: Blobptimism, protocol upgrades and more, March 7th 📰	2	346	March 11, 2024
OP grants through Season 2: where has the OP gone? 🔍Monitoring season-2 , season-1 , grant-accountability	25	6497	December 5, 2023
Token Sale – September 2023 📢 Updates and Announcements	26	7825	December 13, 2023
Optimism fundamentals by Token Terminal 🔍Monitoring	7	1427	July 25, 2023
Optimism Forum Weekly Recap (April 22 - April 28, 2024) 📢 Updates and Announcements	0	125	April 30, 2024