OP Bulletin: Onchain Governance Architecture & World Chain Launch | Oct. 17th
TL;DR
- Introducing Supersim
- World Chain launch
- Superseed joins the Superchain
- Long-term Onchain Governance Architecture
- Working Models for Decentralization
- Updates to the Standard Rollup Charter
- Retro Funding 6: Review begins
- Retro Funding 6: Impact Attestation Experiment
Ecosystem News
Introducing Supersim
Simulate the Superchain locally with Supersim! Test and observe cross-chain messaging locally between L1 and L2 and between OP Stack L2s. Tune in to the Supersim workshop on October 23rd.
Watch the demo | Supersim Github
World Chain launch
World Coin (now World) announced the launch of World Chain. At launch the OP Stack chain already has 15M+ users and World has committed 50M through the World Foundation Community Grants to support building real world apps.
Superseed joins the Superchain
Superseed, the L2 with a CDP lending platform offers to repay loans of users who borrow using the Superseed token as collateral. Currently, the Superseed testnet is live but will launch mainnet soon.
Governance News & Discussions
Long-term Onchain Governance Architecture
Last week, the Foundation published their vision for the future of onchain governance for the Optimism Collective. The governance model aims to bring the logic of the Operating Manual onchain, allowing for different types of proposals, and rules that can be dependent on specifics of the proposals.
The post opens some questions for the community on the topic of proposal submissions, ossification of voting cycles and how to accommodate proposal edits.
Working Models for Decentralization
The Foundation published models to provide context to the community, looking towards the upcoming Season.
- Decentralization Milestone Working Model: A model to understand the progression of decentralization within the Collective.
- Governance Decision Diagram Working Model: A decision diagram including the decision making paths once Optimism governance is fully decentralized. The Decision Design Framework details the approach to design each decision module within this diagram.
Updates to the Standard Rollup Charter
The Standard Rollup Charter has been updated to include:
- History integrity checks to assess discrepancies between chains have been moved to offchain tooling. These checks ensure chains that were deployed before the Blockspace Charter or the Standard Rollup are implemented correctly and are consistent with the Law of Chains.
- Temporary control structures have been added to a limited set of chains. Upgrades for Base and Unichain will be implemented through a 3/3 upgrade multisig, with the following signers: the Optimism Security Council, the Optimism Foundation, and the Chain Governor.
Implementation of the charter and these changes is subject to its approval.
Voting Reminders
No voting at the moment.
Grant News
Retro Funding 6: Review begins
Application review for Retro Funding 6 is now underway. Voting on the final projects will take place from October 28th to November 7th.
Retro Funding 6: Impact Attestation Experiment
In Retro Funding 6, the Collective will experiment with collecting impact data of governance contributions via attestations. The experiment asks governance members to issue attestations on Governance Infrastructure & Tooling projects that they do not have conflicts of interest with. Resulting insights will be given to badgeholders to support the voting process.
Deadline: October 24th
How to provide your attestation | Attest via Impact Garden
Upcoming Calls
- Grants Council Office Hours [Monday, October 21st]
- Token House Community Call [Tuesday, October 22nd]
You can add Optimism governance calls to your calendar here.
Optimism Collective Resources
Stay Connected, Stay Informed
Every week we summarize news, discussions and proposals to provide you with the tools to bring informed contributions to the Collective. Subscribe on Paragraph so you don’t miss the next one.
See you next week!