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Superchain Sunday - Week 41, 2024

Superchain Sunday is our weekly newsletter, where we provide you with the latest news and updates in the Superchain Ecosystem.

SuperchainEco

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.

Superchain Data  

The OP Stack accounts for 59.5% of all Layer 2 transactions. This last week, the Superchain saw on average 6.1M daily transactions, 37.0% of all Layer 2 transactions. The network boasts over 5,362 revenue-generating deployers, contributing to the Optimism Collective. To date, 15.5K ETH has been contributed to the Optimism Collective—Data Fetched from the Superchain Health Dashboard.  


⛓️ What's Hot in Superchain?

Unichain joins the Superchain

Unichain has joined the Superchain, introducing a DeFi-specific Layer 2 blockchain built on the OP Stack. Unichain stands out as the first OP Stack chain with 1-second block times, and it’s working with Flashbots to introduce TEE-based (Trusted Execution Environment) block builders. This technology will reduce confirmation times to 250 milliseconds, providing near-instant transaction finality. These improvements will eventually be rolled out across the entire Superchain, benefiting all users by enhancing speed and user experience while addressing issues like MEV (Miner Extractable Value) through priority ordering.

By joining the Superchain, Unichain will contribute to governance and development while supporting interoperability between OP Chains for seamless asset and data movement. Read all about it here.


Optimism Airdrop 5

Optimism has just dropped their 5th Airdrop. The 5th Optimism Airdrop rewards power users who have contributed to the growth of the Superchain ecosystem. EOA addresses were eligible that made App transactions on OP Mainnet, Base, Zora, Mode, Metal, Fraxtal, Cyber, Mint, Swan, Redstone, Lisk, Derive, BOB, Xterio, Polynomial, Race, and Orderly. between March 15 and September 15, 2024, and had a contracts-to-transactions ratio of at least 10%. Bonus rewards are given for actions such as active delegation, frequent usage, and early adoption across multiple chains.

Delegation plays a crucial role in the Superchain, as OP tokens are the governance token for the entire Superchain. It's speculated that delegation will be a key requirement for future airdrops. We would be honored if you consider Superchain Eco as a Delegate. Check if your eligible for the Airdrop here

Mint Blockchain Superchain Grant Approved

As part of Season 6 Intent 3B, the Optimism Collective has introduced Superchain Grants to empower OP Chains in expanding their ecosystems. These grants allow chains to apply for OP tokens, providing them with the resources to foster growth and innovation within the Superchain network.


In Cycle 28, the Mint BlockchainGrow the Superchain NFT economy Grant was approved. The OP Grant requested will be used to incentivize developer growth and user engagement within the Mint Blockchain ecosystem. The goal is to drive NFT innovation and adoption across Mint and the broader Superchain ecosystem. For a full rundown of the grant, read all about it here

Automata Network TEE Track AVSthon 

Automata Network is co-hosting the TEE Track for AVSthon, in collaboration with Alt Layer and Eigenlayer, offering a 60,000 $ATA bounty for participants. Builders are invited to develop an Attested Virtual Service (AVS) that incorporates Trusted Execution Environments (TEEs) using one of Automata's libraries.

Developers can choose between the Automata SGX SDK, which enables building applications within an Intel SGX enclave using Rust, or the Automata DCAP v4 Library, which provides a unified interface to verify Intel SGX/TDX attestations on-chain. The AVSthon runs until October 31, 2024. To get started, check out the AVSthon Hackers’ Guide.

Polynomial Referral Program 

Polynomial has launched their new Referral Program that lets users earn rewards for inviting others to trade on their platform. Whether you refer friends, family, or even that one person who can’t stop talking about trading, you'll earn 20% of their Trading Points. The more they trade, the more you earn. Each day, the total Trading Points are capped at 1 million, including referral points.

Additionally, when your referrals claim their points, you’ll receive special mystery cards, which add an extra layer of fun to the program. Be sure to claim your points within 7 days to avoid missing out. Get started on Polynomial here

🏛️ Governance Corner

Optimism Long-Term Onchain Governance Architecture

The Optimism Foundation recently posted a vision on the OP Forum about onchain governance and how they see it evolving within the Optimism Collective.

The Optimism Collective is working towards a long-term onchain governance architecture that builds on its commitment to transparency and decentralization. The focus is on transitioning the Governance Fund onchain while maintaining a balance between openness and security. This includes proposal permissioning that avoids token-based thresholds, favoring a delegate approval system to protect against issues like vote manipulation and plutocracy. The goal is to replicate the current Operating Manual’s functionality onchain and gradually introduce permissionless proposals, with safeguards in place. Future plans also include integrating Citizens’ House voting and expanding delegation programs onchain. Read the forum full post here.

🔴Superchain Extra’s

The Superchain has grown to 39 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