⛓️ What's Hot in Superchain?
Metal L2 joins the Superchain
Metallicus, a company building a decentralized digital asset banking network, announced that Metal L2 will join the Superchain. Metal L2 marks a significant milestone for both Metallicus and the Optimism Collective. Metal L2 stands out with its unique features, including direct connections to banks and payment partners and comprehensive on-chain identity solutions. These features are essential for scaling operations in Web3 environments while maintaining strict compliance standards. Read all about it here.
L3s on the Superchain
The Optimism Collective recently announced the expansion of the Superchain by welcoming Layer 3 (L3) chains. By incorporating L3s, which can utilize the OP Stack, the network can support more diverse blockchain solutions. These L3 chains benefit from being part of a collaborative ecosystem and contribute a portion of their revenue back to the Optimism Collective. Furthermore, Optimism is introducing custom gas tokens and other features like Plasma Mode, which provides various data availability options to lower operational costs for L3s compared to traditional Layer 2 setups. Read all about L3s joining the superchain here.
Mode Season 2 Airdrop
Mode has launched Season 2 of its Airdrop campaign. It begins on May 5th and runs until September 6th, 2024; season 2 offers 500,000,000 MODE tokens, representing 5% of the total MODE supply. Additionally, up to 1,000,000 OP tokens will be available as incentives. Users can earn airdrop points by engaging with new Mode apps and can track their progress through the Mode Dashboard. Further details about the airdrop, including updates on point multipliers for various tokens and lending protocols, will officially be released by Mode. Read all about season 2 here.
Ancient8 and Supra partnership
Ancient8 has partnered strategically with Supra, a leading Oracle solution provider. This collaboration focuses on integrating Supra's DORA Price Feeds into the Ancient8 chain, enabling access to accurate and reliable asset price data. This integration is crucial for developing sophisticated Web3 gaming applications within the Ancient8 Ecosystem. Read the full announcement here.
🏛️ Governance Corner
Optimism Grants Council retrospective
The Optimism Grants Council's Season 5 Retrospective showcases their success in enhancing grant management efficiency and transparency. The council reviewed all 530 applications, maintaining a 28% finalist rate and implementing significant improvements such as detailed rubrics and a Milestone Hub for project tracking. Their achievements are further underscored by a high NPS score of 9/10, indicating strong applicant satisfaction. Proposed changes for future seasons include streamlining review processes, adjusting compensation models, and adding new subcommittee structures to improve operations. Read the full retrospective here for a more detailed review of their achievements and future plans.
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