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

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

:globe_with_meridians: Ecosystem News

4844 :handshake: 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 :heart: the Art winners

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

We :heart: 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.


:newspaper: 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.


:dollar: 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.


:ballot_box: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.


:red_circle::sparkles: Optimism Collective Resources


:saluting_face: 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!

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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

:globe_with_meridians: 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.


:newspaper: Governance News & proposals

:exclamation: 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

Read more and provide feedback.


:dollar: 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.


:ballot_box: 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.


:red_circle::sparkles: Optimism Collective Resources


:saluting_face: 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!

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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

:globe_with_meridians: 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


:newspaper: 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.

Read more on the forum post

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


:dollar: 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.


:ballot_box: 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.


:red_circle::sparkles: Optimism Collective Resources


:saluting_face: 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!

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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 :handshake: 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

:globe_with_meridians: Ecosystem News

Redstone :handshake: 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


:newspaper: 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


:dollar: 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


:ballot_box: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.


:red_circle::sparkles: Optimism Collective Resources


:saluting_face: 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

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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
  • :ballot_box: Improve advanced delegation voting
  • :ballot_box: Intents Budget Proposal #2
  • Cycle 22 Submission Roundup is published

:globe_with_meridians: 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.


:newspaper: Governance News

:exclamation: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.

:ballot_box: 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


:dollar: 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.


:red_circle::sparkles: Optimism Collective Resources


:saluting_face: 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

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