TL;DR
The Arbitrum Odyssey will officially be going live in mid-June. The space engineers and teams involved are hard at work making sure all systems are in check before launch.
Optimism Bedrock source is now available, MIT license. Optimism introduces Warp Speed bridge: Depositing small (≤ 0.5) amounts of ETH to Optimism became ~5x cheaper and ~15x faster. Also, This Governance Will Self Destruct: The recently-introduced Optimism Collective is a large-scale experiment in non-plutocratic governance and funding public goods for a more aligned internet. In this post, the team explains their agile approach to governance — relentlessly iterating until they form a system that can stand the test of time. Will Optimism’s OP Token Draw People Back to Layer 2s on Ethereum?: Kain Warwick, founder of Synthetix, and Ben Jones, cofounder and chief scientist at Optimism Foundation, discuss the current state of Ethereum Layer 2s, Optimism’s new governance structure, why Synthetix chose to build on Optimism, and more. Binance supports Optimism. KuCoin supports USDC & USDT deposits on Optimism. Optimism Network integration is now live on OKX.
What’s in a name? Metis rollup structure reclassified. Community announcement: Almost all the economic activities of Metis are happening on the Metis Andromeda network, which is the Layer2 sitting on top of Ethereum. So in order to properly incentivize ecosystem projects and community, the Metis tokens originally locked on Ethereum(Layer1) for Community Development and Airdrops will be bridged to Metis Andromeda(Layer2) and locked in Metis Safe. Metis at Permissionless ’22. 7 reasons to build on Metis. BoringDAO and Tender.fi as well as Tristan Metaverse and Chainstarters passed their Snapshot vote to become Metis newest Community Verified Projects. DexPools x Metis: What’s next for dexpools?
Boba is taking on WEF. The Boba Network team attended Permissionless. Boba Network Hackathon: Boba Network and DoraHacks hosted the Boba Network Global Hackathon. Boba Royale social media contest took place. Boba Network April Recap.
Countdown to Aztec Connect: The countdown to Aztec Connect’s mainnet launch has officially begun. It is planned for June 9th, 2022. Ethereum users are about to access the full spectrum of Ethereum DeFi applications with Aztec’s ironclad privacy guarantees, starting with our launch integrations: liquid stake ETH on Lido and get fixed yields on Element with full privacy protection. Aztec Network Raises Total Bug Bounty to $2 Million: The team released Aztec Connect’s codebase — and rewards totaling $2 million+ via the Aztec Bug Bounty. For full program details, eligibility requirements, and vulnerabilities included in the bug bounty, check out ImmuneFi’s post here. Aztec Network has crossed 200,000 transactions in production.
The GameStop Wallet is here. It’s integrated directly with Loopring L2, giving users another way to onboard directly to Layer 2 seamlessly from your browser. As Loopring L2 continues to get a big influx of new users each week, please be sure to check out their knowledge base for all things Loopring L2.
Introducing Polygon Nightfall Mainnet: Polygon Nightfall, is a blockchain solution that leverages cutting-edge Optimistic-Zero Knowledge technology to give businesses an accessible blockchain network with the iron-clad privacy they need. Polygon launches ‘uncapped’ fund to help Terra projects migrate to its blockchain. From rollup to validium with Polygon Avail. ZKVerse: Deep dive into Polygon Hermez 2.0. Outlier Ventures and Polygon announce a second accelerator program to support next-gen web3 applications. Furthermore, Polygon unveils a new developer fellowship to help bridge web3 talent gap.
StarkWare quadruples valuation to $8B in 6 months, closing round in choppy market. StarkNet fees are upon us: StarkNet Alpha was launched on Mainnet without a transaction fee. In version 0.8.0, fees are included but not enforced. Starting with version 0.9.0, fees will be enforced. 0.9.0 getting ready to ship. A new version of StarkNet.py v0.2.3 has been released. Notes from the StarkNet Community call #15. The latest StarkNet Roundup with protocol and dev tool updates, ecosystem, and media highlights.
DeversiFi Status Update May 2022: AMMs, incentives, and more. Coinbase Wallet now live on DeversiFi. aUST crash: Don’t give up on DeFi: DeversiFi co-founder, Will Harborne, will be personally donating USDT to all affected aUST users on the platform. Terra Ecosystem Revival Plan 2.
Immutable will be supporting multiple zk-rollups to allow all Ethereum games to have access to our platform. In addition to its existing application-specific rollup, it will be adding support for StarkNet, StarkWare’s new smart-contract-capable rollup. StarkNet Contracts v1.0. ERC721 on StarkNet. Immutable Live Reveal: Scaling NFTs to a billion players with L2/L3. Rarible is coming to ETH L2. Immutable to power Rarible mission to expand its open-source protocol on Ethereum w/ gasless minting/trading & 100% carbon neutral NFTs. Kongregate and Immutable X launch $40M blockchain game dev fund. The team also launched the MetaMask mobile app support on the Immutable X protocol.
Censorship-resistant bridges.
L2 stats. Check out how much does it cost to use Layer-2?
And more!
Read the full report here.
For more updates, join Paradigm on Medium, Twitter, Telegram, LinkedIn, and Reddit.
Read ‘Defi in Ether’ on LinkedIn, and follow me on Twitter for more insights 🦄🌈