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 54.3% of all Layer 2 transactions. This last week, the Superchain saw on average 9.6M daily transactions and 48.2% of all Layer 2 transactions. The network boasts over 2,988 revenue-generating deployers, contributing to the Optimism Collective. To date, 16.4K ETH has been contributed to the Optimism Collective—Data Fetched from the Superchain Health Dashboard.
To accelerate meaningful contributions across the Superchain, the Superchain Eco team has developed Super Accounts, Superchain native-smart accounts powered by Safe that allow users to earn Superchain Points for meaningful onchain participation, increase their Superchain Rank, and evolve their Account to unlock special perks, such as access to a weekly Superchain Raffle and discounts in applications.
After winning Nouns DAO’s best UX/UI implementation award at Eth Global London, these accounts utilize Ecosystem Accounts infrastructure and feature personalized Nouns Avatars generated using the Nouns SDK. Visit account.superchain.eco to create your Super Account.
Retro Funding 2025 aims to refine the Optimism Collective's Retroactive Public Goods Funding program, improving its ability to fairly and consistently reward impactful contributions across the Superchain. Key updates include:
With these updates, Retro Funding aims to create a sustainable framework for rewarding contributions and addressing market failures, all while advancing the principle of "impact = profit. Read the full details here.
Swan Chain has launched Celestial Bloom, a six-month campaign designed to accelerate network growth and community engagement. Running from November 26, 2024, this initiative rewards participants with 1M $SWAN and 150K $OP tokens for meeting key milestones, such as achieving specific Total Value Locked (TVL) thresholds.
Rewards are tied to Social Points, based on community interaction, and onchain XP, reflecting active blockchain contributions. Improvements include refined reward structures, enhanced login security, and clearer airdrop bonus mechanisms. Read the full details here.
Mint Blockchain has partnered with RedotPay to enhance crypto adoption through the creation of a PayFi network. This initiative integrates RedotPay’s crypto payment technology into Mint’s ecosystem, allowing users to spend cryptocurrency as easily as fiat across 44 million merchants worldwide.
New users signing up via Mint’s official link receive a $10 spending bonus and 6,000 Mint Points, redeemable upon activating a RedotPay card. Additionally, first-time card users earn an exclusive PayFi NFT badge, which includes future airdrop rights. Read the full details here.
The World ID Passport Credential pilot is now live in Chile, Colombia, Malaysia, and South Korea, allowing users to link NFC-enabled passports to their World ID. This feature enables secure and anonymous identity verification without sharing data with third parties. Users can claim additional WLD tokens and verify details like age or nationality while maintaining privacy. Currently available on iOS, the program will soon expand to Android and additional countries. Read the full details here.
Season 7 of the Optimism Collective brings updates to its representative structures, focusing on governance efficiency and alignment with seasonal goals. The Grants Council gains flexibility to issue grants across the Superchain, while the new Milestones and Metrics Council will handle impact measurement and grant distribution independently.
The Security Council remains an executive body, with future plans to transition to non-elected roles. The Code of Conduct Council faces potential dissolution, with its functions shifting to non-elected contributors, and the Developer Advisory Board takes on expanded duties, including advising on protocol upgrades. Read all about it here.
The Superchain has grown to 43 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
