Layer 2 Weekly Roundup #50
Layer 2 Weekly Roundup #50
Welcome to the latest edition of the Layer 2 Weekly Roundup.
Every week, this newsletter covers the latest and most important updates from across Ethereum’s Layer 2 ecosystem.
Catch up on the previous edition HERE
Protocol Updates
@Starknet - Announced that a Cairo Verifier on Starknet is coming soon which will enable the verification of Cairo proofs directly on Starknet. This is an important piece of infrastructure that will expand what can be built on Cairo and Starknet, and will enable new Cairo/Starknet L3s.
@Scroll_ZKP - Will deploy their upcoming protocol upgrade on the 21st of Feb that will improve efficiency and reduce bridging costs from Ethereum to Scroll by up to 50%.
@0xPolygon - Have developed a highly performant Type 1 upgrade in collaboration with Toposware, allowing any EVM chain to become a ZK L2 and join the AggLayer.
@StarkWareLtd - Published their token-minting proposal for Starknet when they transition to PoS. Check out the minting proposal to learn about how it aims to achieve the balance between rewarding stakers and setting inflation expectations for STRK.
@taikoxyz - Are the first L2 to take the Protocol Guild Pledge and have committed 1% of their token supply to Protocol Guild to support their continued development of Ethereum.
@0xPolygon - Introduced the teams selected for Village Startup Support, a tailored support program for select founders offering immersive guidance, strategic support, 1:1 mentorship and access to an elite network.
@base - Have sunset Base Goerli and moved their test network to Sepolia.
@Optimism - The Optimism Collective officially launched its first Security Council, marking a major milestone in its decentralisation journey.
Ecosystem Highlights
@Scroll_ZKP - Dropped their latest weekly update, where they provide an overview of everything that has been happening across the Scroll ecosystem.
@Optimism - Dive into what has been another week of building an open internet across the Optimism ecosystem in their weekly recap.
@arbitrum - Have released their 2023 Transparency Foundation report, as part of their commitment to transparency and giving the community a better understanding of operations.
@taikoxyz - Released their latest fortnightly recap ‘The Rollup Coaster’ highlighting the top events from the past two weeks.
@fuel_network - Released their latest Fuel Builder Digest, exploring the latest development across the Fuel ecosystem.
@arbitrum - Released the latest ‘Arbinaut Weekly’ highlighting ecosystem developments, community news, grant opportunities, and projects launching on Arbitrum the past week.
@L1Advisors - Now support Base on their transaction builder, strategy manager tool and dashboard.
@fraxfinance - Are early committers to the Optimism Superchain and will launch their chain, Fraxtal, alongside Base and other contributers.
@AstarNetwork - Astar zkEVM, built on Gelato, is the first Layer-2 to leverage Polygon’s Aggregation Layer and LXLY bridge.
@NOWNodes - Announced the release of their Arbitrum Advanced API and have launched Arbitrum Websockets for all their ledger instances.
@haikoxyz - Is live on Starknet Mainnet. Users can unlock market making yield on a brand new V4 AMM, powered by Strategy Vaults.
@plumenetwork - Have launched on Arbitrum Orbit, leveraging the Arbitrum Nitro Tech Stack.
@0xAarc - The Fund Deposit Kit is now live on Base, taking fund onboarding to new heights by simplifying token and NFT deposits!
@avantisfinance - Mainnet beta is now live on Base. Users can trade perpetuals for over 22 crypto, forex and metals, or power these trades as an LP while getting access to fine-grained risk management and leverage tooling.
@wirexapp - Is teaming up with Gateway FM to bring it’s WPay decentralised payment network to Polygon CDK.
@Stardust - Announced that all games built on zkSync have built-in access to their Wallet-as-a-Service and Stardust UA, making it easier for studios to onboard gamers to zkSync with a familiar Web2 experience.
@DesynLab - Is now live on Arbitrum, to experience enhanced scalability, lower fees, and lightning-fast transactions.
Media - Twitter Spaces and Podcasts
@coinbase - Hosted a Space with Jesse Pollak to discuss the state of crypto and how Base is helping bring the world onchain.
@Scroll_ZKP - Hosted their latest ‘Quill and Scribes’ Workshop with Developer DAO where they breakdown everything you need to know about using Applied ZK with Noir on Scroll.
@DavidNage - Was joined by Ben Jones from Optimism to discuss the Base Layer, the role and function of the L2 in the ecosystem and what is Superchain.
@Scroll_ZKP - Celebrated Chinese New Year in their most recent Space and deep dived into the Red Packets Initiative organised by Omo and Mr Block.
@0xPolygonDeFi - Hosted their latest episode of DeFi Unleashed with guests from Oku Trade, Dyson Finance and Inverse Finance.
@therollupco - Hosted their latest episode in their ‘zkEVM for Dummies series’ with Daniel from Taiko to discuss Based Contestable Rollups and Taiko’s vision of scaling Ethereum.
@fuel_network - Meet the Fuel Ecosystem pioneers building at the forefront of DeFi in this latest Space.
@EigenDA - Hosted a Space with Sreeram from EigenLayer and the team from Arbitrum to discuss the Arbitrum Orbit and EigenDA Launch Space.
@arbitrum - Hosted a number of Spaces this past week with several projects building and growing the Arbitrum ecosystem.
Articles & Threads
@_bfarmer - Has published a comprehensive article on how AggLayer works ahead of AggLayer v1 coming to Polygon mainnet in February.
@Scroll_ZKP - Released their latest writeup following the most recent RollCall Breakout Room Call. This thread summarises RIP finalisation, RIP-7212 and how to deploy RIPs across multiple rollups.
Events
@gizatechxyz - Are calling all ML developers, data scientists, and ZK builders to join the Gizathon and Build ML Models for Web3 on the 19th of Feb. Registrations are now open!
@StarkWareLtd - Are gearing up to conquer ETH Denver and have released their event calendar so you find where they’ll be and what they’ll do!
@0xPolygon - Join Polygon, NEAR, Solana Foundation and the DeFi Education Fund in Paris and London for their Crypto Policy Bootcamp.
@fuel_network - Will be hosting Execution Day at ETH Denver. Join leaders in the execution space for a full day of networking, food, discussions, and presentations focused on innovative execution layers.
Metrics and Stats
Sum of all value locked in the L2 ecosystem.
Transaction capacity of Ethereum including all Layer 2s under its security.
Number of unique addresses interacting with one or multiple Layer 2s weekly.
The number of daily transactions executed by users/smart contracts.
How much does it cost to transact on Layer 2?
This newsletter is for educational purposes only, and should never in any way be considered as financial or investment advice.
Thanks for reading!