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

eugenia · September 20, 2024, 1:43pm

OP Bulletin: Retro Funding 6 Announcement | Sep. 19th

TL;DR

Shape Mainnet soon
Boba Network joins the Superchain
Base reaches 4.5 daily transactions
Rolling Mission Requests approved
Optimism Badgeholder Data
Retro Funding 6 Governance Announcement
Modification to Retro Funding 5 sizing
Foundation Mission: Growth Grant Analysis – Last days to apply
Cycle 27 Grants Final Report

*edited on Sep. 20th to include updates on Retro Funding 5

Ecosystem News

Shape Mainnet soon

Shape will join other OP Stack chains on mainnet on September 30th. Shape aims to be a chain for creators, where artists can design, build, and experiment to contribute to the web of creativity.

Boba Network joins the Superchain

Boba Network is a multichain layer 2 designed for intelligent hybrid applications enabled by HybridCompute technology. It will now join 33 other chains in the Superchain!

Base hit over 4.5 million in a single day

After surpassing 4m transactions on late August, Base continues its growth trajectory hitting over 4.5 million transactions in a single day.

Governance News

Rolling Mission Requests approved

The proposal to approve mission requests on a rolling basis throughout the season passed! Additionally, the first batch of 8 rolling missions was approved.

Optimism Badgeholder Data

The dashboard resulting from a Foundation Mission has been published. It explores badgeholder’s onchain activity measured as the 132 Badgeholder addresses that acted as voters for Round 3 in comparison to a non-badgeholder control group. The mission concluded that badgeholders are:

more engaged in governance across different DAOs,
more active on social platforms like Farcaster,
more involved in NFT creation and smart contract deployment.

Read the full report

Voting Reminders

No voting at the moment.

Grant News

Retro Funding 6: Governance Announcement

Sign up for the new round will begin next week! Round 6 will be focused on contributions made to governance during October 2023 until September 18th 2024 in the following categories:

Governance Infrastructure & Tooling (including grants tooling)
Optimism Governance Analytics
Governance Leadership in the Collective, including councils, boards and commissions, as well as facilitation of critical governance processes

The round will distribute between 1.1m and 3.5m OP. Citizens will cast their vote on an amount and the median vote will be the final amount.

Sign up: September 26th - October 10th

Read the full post

Modification to Retro Funding 5 sizing

As the application process saw a lower than expected turnout, the Foundation has proposed that the Citizens vote on the OP allocation amount within the rounds voting. Round 5’s initial funding was set at 8M OP. With the proposed process, Citizens would vote for an amount within the range of 2M - 8M OP and the final allocation amount would be the median amount.

To allow for more testing and preparation, voting for this round will start on September 30th.

Foundation Mission: Growth Grant Analysis – Last days to apply

This mission is seeking to fund a detailed, metrics-driven assessment of all growth grants issued in Season 6. This analysis should bring a better understanding, answering specific questions and delivering a dashboard.

Baseline grant amount: 10,000 OP
Apply by: September 23rd
Learn more

Cycle 27 Grants Final Report

The report for Cycle 27 grants has been published. Out of 53 applications, 16 will be receiving a grant. Missions continue to receive applications on a rolling basis.