Welcome to Superchain Sunday - our weekly newsletter! Every Sunday, we will provide you with the latest news and updates in the world of the Superchain.
The OP Stack accounts for over 69.5% of all Layer 2 transactions. The Superchain sees 14.5 M daily transactions, 63.9% of all Layer 2 transactions. The network boasts 535 Unique Apps, contributing to the Optimism Collective. It is estimated that 671.4 ETH will be contributed to the Optimism Collective in January—Data Fetched from the Superchain Health Dashboard.
Optimism's Season 7 incentives focus on driving interoperability within the Superchain by rewarding OP Chains that align with governance-approved standards. To qualify, chains must run on a fully standard OP Stack version and migrate bridge upgradability to the Optimism Security Council. Eligible chains can access incentives like Retro Funding, airdrops, grants, and growth campaigns.
The Superchain Index tracks chain eligibility based on data from the Superchain Registry. Chains are categorized as:
Season 7 eligibility encourages chains to reach Stage 1, with future seasons introducing new criteria like economic benchmarks and OP Deployer integration. This means both green and yellow chains qualify this season. Read full details here.
Ink Reaches Stage 1 Decentralization
Ink has achieved Stage 1 decentralization, bringing permissionless fault proofs to mainnet. This milestone enables anyone to challenge invalid transactions, ensuring trustless security and unstoppable decentralization.
Stage 1 aligns with L2BEAT's decentralization standards, reducing centralized risks and allowing trustless withdrawals from Ink to Ethereum. The fault proof system lets users detect fraud, submit challenges, and roll back proven faults, maintaining network integrity. For added security, the Optimism Security Council can temporarily revert to a permissioned state if needed.
Ink reached Stage 1 just one month after launch, setting a new standard for decentralization. The team is already working towards Stage 2, continuing its push for full decentralization. Read all about it here.
Mint OP Season Rewards
Mint Expedition Season 5: Desert Mirage is here, featuring a $30,000 OP reward pool! This season offers exciting opportunities to earn $OP tokens, complete challenges, and collect exclusive rewards.
Spin the Mint Forest Lucky Spin for extra $OP rewards, and take advantage of the Mint x LogX partnership, offering a combined pool of 5,000 $OP + $10,000 in LOGX tokens. Unleash your creativity on the NIPs Platform by minting NFTs and earning rewards.
Join now to maximize your Expedition NFTs, MP, and $OP rewards. Claim here.
Swan Chain introduces Resource Detection Mechanism
Swan Chain has introduced a new Resource Detection Mechanism, a major upgrade aimed at optimizing decentralized computing by ensuring accurate verification and efficient allocation of resources. The update includes multi-GPU detection, real-time resource verification, and intelligent resource management, enhancing network reliability and operational transparency.
With the release of CP version 1.0.2, providers gain improved task visibility, performance analytics, and enhanced tracking features via the upgraded dashboard. This innovation strengthens Swan Chain’s infrastructure, maximizing efficiency for both providers and users. Learn more and upgrade now.
BOB is celebrating the Lunar New Year with a special campaign, offering red envelopes filled with Spice through a lucky raffle and lottery. Participate in Fusion Lottery by engaging with BOB Fusion as usual to receive a red envelope, or enter The Big Envelope by sharing your winnings on X and tagging @build_on_bob. On January 29, ten lucky winners will receive 100,000 Spice each. Join the celebration from January 20 to January 29 and embrace Bitcoin’s next phase of growth and transformation. Get started here
The Uniswap Foundation and Optimism Foundation are teaming up to experiment with futarchy, a governance model that leverages market predictions to guide decision-making. This initiative, powered by Butter, aims to improve decentralized governance by rewarding participants for accurately forecasting grant outcomes. By aligning incentives and using data-driven insights, this approach enhances transparency, neutrality, and efficiency in funding decisions.
Two experiments are launching: Optimism’s futarchy contest, where forecasters can earn OP rewards, and Uniswap’s Conditional Funding Markets (CFMs), allowing users to predict outcomes with USDC to influence funding decisions. Learn more here.
The Superchain has grown to 30 different OP Chains, each with its flourishing Ecosystem. These are some extra stories to make your Sunday that much more Super.
~Disclaimer: This newsletter is for informational purposes only and is not financial advice