The OP Grants Stack: The Wellspring of the Regenerative Cryptoeconomics | Layer 2 Review

Quick Reads and Hot Links Covering the People and Projects Who Are Scaling Ethereum


Dear Frens,

We shipped our last issue at the end of July, which seems waaaayyy too long ago, so we’re stoked to announce that starting with this issue, we’ll be shipping the Layer 2 Review fortnightly! Every two weeks you’ll have the quick reads and hot links you’ve come to love.

And let’s face it, with all the development around Layer 2s, we’ll need the additional issue per month. Just look at what a month August has been. Since we last shipped, we have been living in a Base(d) world, with Coinbase’s OP Stack-powered Layer 2 scaling solution dominating the space. And why wouldn’t it? With Onchain Summer in full swing, there wasn’t a more dynamic place to than checking out all that’s happening on Ethereum’s newest playground.

The fun on Base began in late July with a pre-launch playground for degenerate shitcoiners. Friend.tech — a crypto-native social app that may be the SoFi vertical we’ve been waiting for — launched on Base three weeks later and hasn’t left the news since. Like it or hate it, friend.tech brought a lot of attention to Base. So even though today is the last day of official Onchain Summer, the action on Base is just getting started.

https://twitter.com/BuildOnBase/status/1697278559981797862?s=20

Because Base is built with the OP Stack, discussions are under way within the Optimism Collective around Base’s participation within the ecosystem, including token allocations and voting badges. With Base coming on board, now is a great time to get more familiar with not just the OP Tech Stack, but also the OP Grants Stack. For example, did you know that in addition to regular retroactive public goods funding rounds, the Optimism Collective has proactive grants for work that moves the mission of the Collective forward. In this issue’s editorial, we’ll give you the TL;DR on the interworkings of the Collective’s grant-giving earning opportunities. Stay strong, stay Based, and we hope you had a fantastic Onchain Summer. See you in two weeks frens.

Contributors: Warrior, jengajojo, thinkDecade, trewkat, HiroKennelly


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