Layer 2 Weekly Roundup #72
Layer 2 Weekly Roundup #72
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
@0xPolygon - The MATIC to POL upgrade is now live! Starting today, every transaction on Polygon PoS uses the hyperproductive token - POL - as the native gas and staking token.
@arbitrum - The highly anticipated Stylus upgrade has been executed on Arbitrum Mainnet. Any developers looking to build on Arbitrum One or Nova chains can now do so in other newly supported programming languages, such as Rust, C, and C++.
@base - Introducing Scaling Base, a new series documenting their technical progress towards making Base accessible to all. To start off, dive into how Base plans to achieve 1 Mgas/s increases each week, as well as their approach to the upcoming Ethereum upgrade.
@Scroll_ZKP - Successfully implemented their DarwinV2 Mainnet Upgrade. This enhancement resolves the L2 block compression issue from the Curie upgrade by enabling uncompressed blobs when needed.
@Starknet - Will be finishing the year off strong with STRK Staking expected to launch in October, and Cairo-Native in December.
@Starknet - Starknet Wallet<>Dapp API is getting a major update with Starknet-js V6. This update requires some actions as it will stop supporting Starknet RPC versions <0.6. Learn how to get ready for this upgrade in their docs.
@arbitrum - Are calling for new candidates for The Security Council, a committee of 12 members who are signers of a multi-sig wallet, and are integral to protecting the interests of the Arbitrum community. Those interested in applying for a position have until September 15th to inform the community via the forum.
@StarkWareLtd - Are partnering with sCrypt to build a PoC bridge design using OP_CAT-based covenants, with a goal to explore the engineering challenges of building a Bitcoin <> L2 canonical bridge.
@0xPolygonFdn - The Polygon Miden alpha testnet just got way better with their latest in v4, including the first version of the Rust compiler and block explorer, Miden Web client as a crate, and much more!
@Starknet - Starknet’s Governance Hub is now live. vSTARK holders can now participate in their first test vote, as they prepare for the first official governance vote happening next week.
Ecosystem Highlights
@growthepie_eth - Improved blockspace tools are now available on growthepie. Use the growthepie "chain overview" page to compare the usage of various categories across many different L2s, including NFTs, transaction count and smart contract information.
@QuickNode - The Base Blockbook add-on is now live on the QuickNode Marketplace. Get access to balances, transactions, and address balance history for addresses via JSON-RPC.
@DapDapMeUp - Have joined the list of contributors building the AggLayer. DapDap will create a custom, unified UI for multiple AggChains — bridging the gap to mainstream adoption via chain abstraction.
@swellnetworkio - Swell is scheduled to launch their L2 in early Q4, and have welcomed several infrastructure partners — RedStone, Ankr, and the new-and-improved Polygon CDK.
@DapDapMeUp - Launched their v2 product: DapDap d’Avinci — the next-gen DeFi Consumer App — which features 25 integrated dApps on Scroll.
@BethelPlatform - BETHEL’s CDK testnet is now live on the AggLayer, implemented by ZEEVE, a trusted Rollup provider and a key player in CDK deployments on Polygon.
@humafinance - The first PayFi network, Huma Finance is now live on Scroll. Huma specializes in expanding the reach of RWAs with their cutting-edge technology that aims to reimagine finance with global payments and instant access to liquidity.
@idexio - IDEX and XCHAIN Mainnet, powered by Arbitrum, are now live. Arbinauts can now check out the one-click onboarding process and connect, deposit, and trade in seconds.
@magnetaixyz - Meet Ardio — the first Action Agent powered by MagnetAI live on Base. Ardio lets you interact with the blockchain by using only natural language.
@sendblockslabs - Now supports Base and enables custom notifications for all Base dapp users, from new pairs created to liquidity alerts.
@asteriafinance - Elevate the AMM game with the launch of their native DEX on Scroll. Experience zero slippage, optimized capital efficiency, and customizable liquidity solutions.
@renegade_fi - Renegade, the first onchain dark pool, is live on Arbitrum with fully-private trading with zero MEV, slippage, or price impact.
@apecoin - Pyth Data is coming to ApeChain, an Optimistic L3 settling on Arbitrum One launched permissionlessly with Arbitrum Orbit.
Articles and Threads
@Scroll_ZKP - Say goodbye to August with their monthly digest — recapping the major events that took place in the Scroll ecosystem over the past month.
@0xPolygon - POL introduces a unique approach to sustainable growth with a 2% annual emissions model, specifically designed to power the community grants program with 1 BILLION POL over 10 years. Learn how POL will fuel the future of Polygon as an aggregated blockchain network.
@redstone_defi - Published a complete report on State Diffs with zkSync.
Media - Spaces and Podcasts
@iamveektoria_ - Learn how to get Based in this quick video where you can discover the basics on the Base ecosystem including how to set up and use your own Base name.
@OffchainLabs - Kicked off Stylus Season with an AMA to discuss the origin of Stylus, where it’s taking Arbitrum and their vision for Arbitrum tech.
@Starknet - Hosted their latest Community Call to discuss changes in the ERC20 event structure, as well as dive into SNIP 13 and SNIP 17.
@therollupco - In their latest episode of ‘NYC Sessions’, the team sat down with David from Polygon to discuss the evolution of Polygon's product line and the ever-growing importance of interoperability solutions such as the AggLayer.
@0xPolygon - The last installment of Season Two “Validator Spotlight Quests’ has landed. Hear from BCW Group, a full-suite IaaS platform and validator for the Polygon PoS network.
@zksync - Hosted a Space diving into the many different use cases that can be powered by ZK technology.
@arbitrum - Were joined by Renegade to learn how they built dark pools that enable private trading with Stylus.
@zksync - Hosted a builder-focused AMA with Abstract, Lens and Zero Network to explore the Elastic Chain, L2s, and industry chit-chat.
Events
@base - It’s time for another Based meetup, RSVP to join the team in NYC this Thursday, September 12th.
@Starknet - Invite developers and grads to team up with mentors to build their very first dApp at BUIDL Camp Cohort #2, running from September 13th - 27th. Whether you’re a newbie or an emerging dev star, this is your chance to BUIDL and put your skills in action!
@zksync - It’s time to sync to the beat with ZK Fest. Dive into 6 weeks of non-stop bangers from 40+ ZKsync projects and listen to the hits across gaming, NFTs, DeFi, and the Elastic Chain.
@Starknet - The Starknet Africa fam will be at ETH Safari. If you’re in Kenya from September 8th to 15th, be sure to RSVP for a chance to connect with the team and dive deeper into the Stark ecosystem.
@0xPolygon - Polygon Labs is co-hosting Redacted Airways. This first-ever web3 event in the sky on September 15, from Dubai to Singapore Token2049, brings together a unique networking opportunity for founders, VCs and KOLs.
@PythNetwork - Do you have experience building SDKs with Arbitrum Stylus? Join Pyth Network’s latest Pyth bounty on Superteam Earn to earn a rewards of 10,000 PYTH tokens.
@EspressoSys - Are hosting their next happy hour - Espresso Brews: Miami - on September 12th with Abstract, Juice, CoinFund and EigenLayer.
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!