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

OP Bulletin: Kraken joins the Superchain | Oct. 24th

TL;DR

  • Kraken joins the Superchain
  • Fault Proofs are Coming to Base
  • Collective Feedback Commission: The Next Iteration
  • Standard Rollup Charter
  • Governor Update Proposal #3: Enable onchain treasury execution
  • Retro Funding 5 Results
  • Initial Reviews for Retro Funding 6
  • Available Missions

:globe_with_meridians: Ecosystem News

Kraken joins the Superchain

Kraken launches “Ink”, the latest chain to join the ranks at the Superchain together with Base, Unichain among more than 30 other chains. Ink will offer 1-second block times. Ink will launch its testnet in November, with Mainnet set to launch during 2025.

Fault Proofs are Coming to Base

Base will upgrade to a fault proof system on October 30th, furthering its decentralization. This will bring permissionless output proposals, meaning anyone will be able to make claims about Base’s current state instead of relying on a central party, and will also enable challenges to output proposals, meaning if makes a faulty or fraudulent claim, anyone can challenge it.

Read more in Preparing for Fault Proofs


:newspaper: Governance News & Discussions

Collective Feedback Commission: The Next Iteration

The CFC will continue to involve members earlier in the governance design process. The new commission will be split into three different tracks, each with its own lead: Operational, Organizational, and Design Research. Additionally, a Commission Lead will manage the CFC operations and hold the Foundation accountable to executing on this Charter.

Up to 18 members will be selected based on relevant qualifications to each track. All selected members will be informed and must opt-in to participate. The new iteration will begin on November 4th.

Learn more

Standard Rollup Charter

The Standard Rollup Charter with its latest updates, including history integrity checks moving to offchain tooling and added temporary control structures to a limited set of chains, will move to a vote.

Voting is available until October 30th.

Read the full proposal

Governor Update Proposal #3: Enable onchain treasury execution

This upgrade proposal updates the governance smart contract to allow the execution of token transfer proposals onchain directly. With it, transfer proposals will be executed automatically without relying on the Foundation. Non-treasury token transfer execution will continue to be overseen by the Foundation.

Voting is available until October 30th.

Read the full proposal


:ballot_box: Voting Reminders

Delegates may vote until October 30th on:

Vote via vote.optimism.io


:dollar: Grants News

Retro Funding 5 Results

This round rewarded 8M OP 79 projects for their contributions to the OP Stack and Ethereum.

  • 3.1M OP for Ethereum Core Contributors
  • 2.8M OP for OP Stack Research & Development
  • 2M OP for OP Stack Tooling

Explore the full list of projects

Initial Reviews for Retro Funding 6

Initial reviews for Retro Funding are complete. Out of the 147 applications, 79 were approved. If your project was rejected you can submit an appeal by Friday October 25th, 23:00 UTC following these instructions.

Available Missions

Mission Requests are still available! Develop a project aligned with Optimism’s current needs.

Apply by: November 5th

Application guide | Available Missions


Upcoming Calls

  • Grants Council Office Hours [Monday, October 28th]
  • Builder Office Hours with the Foundation (Bi-Weekly) [Wednesday, October 30th]
  • Retro Funding 5: Retrospective [Wednesday, October 30th]

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 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!

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