Layer 2 Weekly Roundup #66
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
@Optimism - Retro Funding 5: OP Stack is coming! 8M OP is dedicated to contributors to the OP Stack.
@base - Base are taking a step towards the next stage of decentralization, with fault proofs now live on Base Sepolia testnet.
@0xPolygon - Polygon Plonky3 is production ready and open-source. Already powering Succint Labs’ SP1 zkVM, Polygon Plonky3 provides super-performant zk-proving, while SP1 abstracts away the complexity for devs.
@StarkWareLtd - Have verified its first zero-knowledge proof using its new STARK verifier on the Bitcoin Signet network with the OP_CAT primitive.
@Starknet - Starknet Wallet<>Dapp API is getting an update with Starknet-js V6. The new API simplifies Wallet<>dApp communication and decouples the dependencies between wallets, dApps, and Starknet.js versions, enabling faster development!
@taikoxyz - Have published their Optimizations and Future Roadmap.
@0xPolygonFdn - The MATIC > POL upgrade is set for September 4th.
Ecosystem Highlights
@ethena_labs - Has integrate with Scroll, paving the way for simpler, more independent financial systems onchain.
@alt_layer - Is thrilled to power the LogX Network with their RaaS solutions, making it the first Modular Derivatives Trading Layer built for Infinite Scalability.
@PythNetwork - Pyth Price feeds are now available on Starknet. Developers on Starknet can permissionlessly integrate with over 550+ real-time price feeds immediately.
@dop_org - Are collaborating with Polygon to deploy DOP on Polygon PoS.
@RiscZero - Is now live on Arbitrum. You can now leverage their zkVM with Rust to build compute-intensive dApps on Arbitrum.
@ClearpoolFin - Has integrated Coinbase Wallet and launched on Base. The integrations now unlock seamless access to Clearpool’s leading DeFi credit marketplace for all of Web3.
@MountainUSDM - Mountain Protocol has launched natively on Base. The Base community can now benefit from accessing a composable yield-bearing stablecoin, fully backed by US Treasuries, with Mountain Protocol.
@ormilabs - Is bringing fast, reliable Subgraph hosting for the Base ecosystem.
@LorenzoProtocol - Announced that stBTC is now available to bridge to Scroll.
@WeArePlanetMojo - The Planet Mojo Ecosystem is building on Base and contributing to the dynamic and innovative Base ecosystem with Planet Mojo games including Mojo Melee, GoGo Mojo, Mojo Maker, and the upcoming Prophecy of the Ancients.
@doodles - Is coming to Base! Doodles is a next-gen, direct-to-community media platform that bridges the gap between artists and communities, enabling them to experience and own a piece of the cultural moments that matter, before anyone else.
@avnu-fi - Are the first launched partner and dApp to support MetaMask on Starknet.
@owlprotocol_xyz - Is integrating into Optimism and Superchain Eco.
Media - Spaces, Podcasts and Articles
@fuel_network - Break down the concerns around the ecosystem shifting from data availability to the execution layer and why this shift is crucial in their latest Ethereum series.
@contributedao - Have dropped a detailed walkthrough on how Espresso supports chains with interoperability, decentralization and more, without compromising on sovereignty or scale.
@Starknet - Were joined by Zero Knight in their latest Community Call to discuss rollup economic models, L3 on top of Starknet, Radius sequencing methods and much more.
@Optimism - Caught up with Superchain frens in their latest Space to talk all about SuperFest.
@0xPolygon - Hosted a Space to deep dive into Plonky3. the flexible zk proving system for building use-case specific virtual machines.
@Scroll_ZKP - Hosted a Space with Kaskade Finance to celebrate their recent launch on Scroll mainnet.
@Starknet - Hosted a new ep of their Starknet DeFi Spring Conference to discuss yield opportunities available with DeFi Spring 2.0.
@0xPolygon - Hosted their Q2 debrief recap for Polygon PoS and zkEVM.
Events
@0xPolygon - Are bringing the Aggregation Summit to Devcon in November. Early access sign-up is now live.
@Optimism - Get acquainted with the Superchain, hack on the OP Stack, and take home some bounties at Superhack from Aug 2-16.
@arbitrum - Have launched Frame It, a buildathon for developers to create Farcaster Frames on Arbitrum for a chance to win retroactive rewards.
@base - It’s Onchain Summer and Base is bringing more community meetups to builders around the world.
@chainlink - Hosted a Space alongside Chainlink BUILD projects to discuss what it takes to be a Web3 entrepreneur.
@Scroll_ZKP - Will be hosting a series of events in LATAM where team members will be participating in talks, panels, and builder workshops.
@Starknet - Are hosting an exclusive builder/founder dinner on the 28th of July in Bangalore. Don't miss this opportunity to connect and collaborate with some of India's brightest minds!
@Starknet - Stark Tokyo is happening on the 29th of July. Join the Starknet fam to eat, drink, connect, and dive into the Starknet world.
@endaomentdotorg - The Onchain Giving Summit is back from August 13-16! Endaoment are bringing together visionary blockchain leaders & innovators and grassroots impact builders for a week of workshops & tough questions.
@0xPolygon - Are heading to EDCON and the Agg-Cave to Tokyo. Check out all the latest info including where you can find the team throughout the event.
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!