Layer 2 Weekly Roundup #60
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
@taikoxyz - Is now permissionless (and based)! Starting today, anyone in the world can set up a Taiko proposer and prover to help run the network using the newly-launched TAIKO token.
@0xPolygon - v2 of the Polygon Miden Alpha testnet is live which introduces new features to make development easier, such a simpler command line interface, increased data storage and more.
@zksync - Hardware teams are invited to join the zkSync Era prover network to help make this critical ZK rollup operation more censorship-resistant. Check out their latest post to learn about the prover decentralization process, key milestones and objectives, and how to get involved.
@0xPolygon - Welcomed Toposware, a leading ZK engineering startup to the Polygon Labs team to help pioneer the next wave of ZK technology.
@StarkWareLtd - Announced their plans to bring its ZK scaling to Bitcoin, simultaneously scaling the network alongside Ethereum. In the next few months, StarkWare will openly advocate for the potential of OP_CAT adoption in the next soft fork.
@arbitrum - Arbitrum Ambassadors Program Phase 2 is now live. Starting today, Web3 enthusiasts from Nigeria, India & Mexico can apply to represent Arbitrum & contribute to a growing ecosystem.
@zksync - Welcome you to ZK Nation, ZKsync’s governance system that will contribute to the protocol’s evolution.
@fuel_network - Have teamed up with Immunefi for the Attackathon with a $1.3M rewards pool.
Ecosystem Highlights
@pushprotocol - Is now live on Arbitrum. This integration leverages Arbitrum's L2 technology to enable real-time communication for over 1.6M active wallets, enhancing txn confirmations, gov proposals, DeFi updates, & NFT drops.
@Karak_Network - Introduced their chain integration with Arbitrum. Users can restake stablecoins, LSTs, and more to provide security across the ecosystem with native restaking on Arbitrum, powered by Karak.
@HamOnWarpcast - Announce Ham Chain, their Ethereum-aligned Layer 3 blockchain built in collaboration with Syndicate using Optimism’s OP Stack and Celestia on Base. Ham Chain allows developers to create dynamic onchain social experiences.
@xyz_remedy - Announced that Remedy is now supporting Base. Projects building on Base can now easily launch bug bounty programs and benefit from no commissions, cutting edge proof of duplicate, access to top security researchers and more.
@Stake_Stone - StakeStone users can now stake from any supported chain in order to mint STONE on Scroll.
@EverclearOrg - Introduced ‘Clearing Layers’, built on Arbitrum Orbit L2, that will power seamless liquidity and permissionless chain expansion for protocols building on them.
@elliptic - Has enabled support for Base. This move aligns with their commitment to provide comprehensive and robust onchain compliance solutions.
@Owlto_Finance - Now supports bridging wstETH to Scroll, alongside ETH, USDC, and USDT.
@TruefiDAO - Is now live on Arbitrum. In partnership with Cicada, TrueFi are expanding onchain credit to Arbitrum with market-neutral borrows.
@goldlinkfinance - Is now live on Arbitrum. With their Mainnet Beta, borrowers and lenders can now use the protocol with ultra-fast, low-cost transactions with security derived from Ethereum on Arbitrum One.
@SpearbitDAO - Will be providing priority rates and security reviews to the Base ecosystem.
@d8x_exchange - Launched their decentralised trade engine on Arbitrum in collaboration with Etherfi and Angle Protocol.. You can now explore the first perp DEX with LRT & LST collaterals, and build on D8X by using their open-source frontend kit, our APIs and nodeSDK.
@VanillaFinance - Is now live on Scroll. With this integration, Vanilla introduces a range of services including simplified derivatives trading, realtime settlement and leveraged financial products.
@metastreetxyz - Is expanding support to RWA lending on Base. You can now earn yield and borrow against luxury watches on MetaStreet and WATCHES.IO.
@gelatonetwork - Lisk L2 Developer Mainnet is live on Gelato. Lisk L2 joins the Superchain by contributing sequencer revenue towards the Optimism collective.
@native_fi - Is now live on Arbitrum. This launch aims to brings enhanced liquidity, pricings, and overall user experience within a robust ecosystem.
Media - Twitter Spaces and Podcasts
@MoralisWeb3 - Ivan on Tech shows you how to build on Base with RPC and Ethers.js in their latest video.
@StarkWareLtd - Hosted a Space to discuss their vision on scaling Bitcoin with STARKs and how this will strengthen its ecosystem.
@0xPolygon - Dabl Club released a quick and easy video that shows you how to deploy a dApp with Polygon’s dApp launchpad.
@swellnetworkio - Hosted a Space with the key infrastructure collaborators of Swell L2 – AltLayer, Polygon, EigenDA – as well as Kairos Research, to talk about the vision of Swell L2 and the technical architecture behind it.
Research Articles and Threads
@Scroll_ZKP - Published an in-depth technical deep dive into the inner workings of Keystore’s design and architecture.
Events
@base - Based community meetups are coming to Singapore, NYC, Buenos Aires, Abuja and more! Check out the full list of Based meetups.
@StarkWareLtd - StarkHack by ETH Global will be held from June 13th to 26th. Apply to sign up to the 2-week Hackathon to gain support from mentors, experts, and industry leaders.
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? .oO
This newsletter is for educational purposes only, and should never in any way be considered as financial or investment advice.
Thanks for reading!