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

OP Bulletin: Granite Network Upgrade | Aug 23nd

Edited Aug. 27th: Security Council members to be elected modified from 6 to 7

TL;DR:

  • Introducing The SUNNYs
  • Soneium to join the Superchain
  • OP Succint
  • Worldcoin connects to Hyperlane
  • Superfest: last days
  • Superchain Research Competition: last days
  • Upgrade Proposal #10: Granite Network Upgrade
  • Security Council Elections
  • Rolling Mission Requests
  • Retro Funding 5: Applications open today!
  • Superchain Grants Review Process
  • Apply for a Mission Request
  • Cycle 26 Preliminary Review Roundup

:globe_with_meridians: Ecosystem Updates

Introducing The SUNNYs

The SUNNYs is a decentralized awards ceremony across the Superchain. The Sunnys will recognize artists and builders based on on-chain data and distribute 540K OP in 20+ prizes.

Teams will sign up with your Farcaster on The Sunny’s webpage, build their profile and are ranked based on their on-chain data leveraging Open Source Observer’s framework. Learn more at thesunnyawards.fun

Soneium to join the Superchain

Soneium, by Sony Block Solutions Labs is building an L2 focused on connecting Web2 with Web3. In the next days, Sony Block Solutions Labs will launch Soneim testnet with Op Stack and then join the Superchain

Learn more

OP Succint

Zach Obront, Council Lead to the Developer Advisory Board, shared OP Succinct the plan to upgrade an OP Stack chain into a ZK rollup. The upgrade would replace the dispute game allowing anyone to post the next rollup state providing a ZK proof of its validity.

Worldcoin connects to Hyperlane

After Zora, Worldcoin announced its partnership with Hyperlane. Worldcoin is now connected to Hyperlane, the open interoperability framework that connects chains and enables building interchain apps. Worldcoin can now access and prove humanity on other blockchain networks, World ID can expand beyond Worldchain and build interchain apps.

Superfest: Last days

The Superchain’s DeFi fest is live until the end of August, don’t miss the chance to participate! Explore DeFi applications through available missions and earn rewards with Superfest. Learn more on superfest.optimism.io

Superchain Research Competition: Last days

Superchain Eco in collaboration with PrimeDAO organized this competition focused on exploring topics on OP Governance and tokenomics. Explore focus areas and submit your research before August 28th.


:newspaper: Governance News & discussions

Upgrade Proposal #10: Granite Network Upgrade

Security vulnerabilities identified during third-party audits caused the permissioned fallback mechanism to be activated by the Foundation, following protocol. The vulnerabilities have not been exploited, and user assets were never at risk.

This upgrade addresses those vulnerabilities, includes an L2 hardfork to improve the stability and performance of the fault proof system, and proposes to extend Guardian and DeputyGuardian capabilities to prevent referencing invalid anchor states among other implementations to improve robustness.

If passed, the upgrade will undergo Citizen’s veto and then will be scheduled for September 10th. Node operators must upgrade their node software prior to September 11th. Any proof submissions within the last 7 days from the upgrade will be invalid and users will have to resubmit the proofs.
Read the full proposal

Security Council Elections

Elections began yesterday!

Delegates will elect 7 council members and a council lead for the Security Council Cohort A, six months before the actual membership turnover to allow enough time for candidate screening. Elected members will begin their term in February.

Edit: Given the modification from 6 to 7 members, delegates need to cast their vote again. Elections end Sept. 1st.

To learn more about the Security Council and their responsibilities: Intro to SC post | SC Charter

Meet the nominees | Election Townhall

Rolling Mission Requests

This proposal requests that the Token House allow the Grants Council to create and submit rolling Mission Requests, using unallocated budget from Intent 3A. Rolling Mission Requests would start from Voting Cycle #27 and still require a sponsorship from a member of the Grants Council and upon approval, sent to a Token House vote in the following Thursday’s Voting Period.

Read the full proposal


:ballot_box: Voting Reminders

Until August 28th, Token House delegates can vote on:

  • Upgrade Proposal #10: Granite Network Upgrade
  • Rolling Mission Requests

Until Sept. 1st:

  • Security Council Elections

Vote on vote.optimism.io


:dollar: Grant News

Retro Funding 5: Applications open today!

8M OP will be distributed to builders contributing to the OP Stack and core Ethereum builders across 3 categories:

  • Ethereum Core Contributions
  • OP Stack Research & Development
  • OP Stack Tooling

You can begin creating your profile on retrofunding.optimism.io and sign up with Farcaster to apply. Each project can only apply to one category and project applications are recommended (instead of individual applications for contributions to a specific project).

Submit your applications by September 5th. Learn more details about the round

Superchain Grants Review Process

The Grants Council introduced the Superchain Grants review process. This post outlines the evaluation criteria, scoring qualifications, a 3M OP grant cap and expectations that will be applied to all Superchain Grants.

Apply for a Mission Request

Delegate Mission Requests are a great way to develop a project that is aligned with Optimism’s current needs. Find an approved mission on the Mission Request List and apply by November 6th.

Missions v2.5 | Calendar S6 | Application guide | Application walkthrough

Cycle 26 Preliminary Review Roundup

The preliminary review for Cycle 26 has been published. This post summarizes the applications, score and resolution. The finalists for Cycle 26 will be selected and announced next Wednesday.


Upcoming Calls

  • Grants Council Office Hours [Monday, August 26th]
  • Token House Community Call [Tuesday, August 27th]

You can add Optimism governance calls to your calendar here.


:red_circle::sparkles: Optimism Collective Resources


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