# Optimistic Alpha (week 5)

**Published by:** [AyohTunde](https://paragraph.com/@ayohtunde/)
**Published on:** 2023-08-27
**URL:** https://paragraph.com/@ayohtunde/optimistic-alpha-week-5

## Content

It’s another week of the Optimistic Alpha ✨ἆHere’s a list of projects we’ll be covering for this week;@friendtech@ExtraFi_io@Clipper_DEX@rabbithole_gg@ConnextNetwork@paraswap@BuildOnBaseLet’s dive in 🏊🏼‍♂️ 👇🏽 1. @paraswap Reward on Layer3 Paraswap launched its Staking on Optimism 2 weeks ago (Tweeted about it last week Alpha) and launched a campaign on @layer3xyz… This campaign will reward participants with $10,000 worth of OP tokens.How to get in? 👇🏽 Note;You need about $50+ to complete.Paraswap will also refund 95% of your gas fee spent (see the image below).There’s a 28-day cool down on PSP 2.0 staking.- You need to purchase about 1510 $PSP or more on Paraswap (worth about $36 at this moment) on Optimism Network.- Stake $50+ worth of PSP and WETH or ETH on Optimism. Paraswap 2.0 staking is an 80/20 PSP-ETH pool; your staking has to be 80% in PSP and 20% in WETH or ETH.Your staking position will be called sePSP2 (se = Social Escrow) How to get eligible for rewards? You need to hold your sePSP2 position until the quest ends (approximately 19 days from now)Currently, there are 830 questers on this, might be worth trying. Read mroe on P2P2.0 here 👉🏽 https://help.paraswap.io/en/articles/6921900-what-is-psp-2-0 2. @gitcoin Grant 18 Gitcoin empowers communities to fund, build, & protect open-source Web3 projects. Gitcoin Grant 18 (GG18) is ongoing. This is an opportunity to support your favorite Web3 projects. Details 👉🏽 here How to donate? Donations can be made with ETH or DAI on the Ethereum, Optimism, or Public good networks. Check out the video guide from Gitcoin below on how to contribute👇🏽 Website 👉🏽 https://grants.gitcoin.co/ Note: GG18 will end on the 29th of August. 3. @BuildOnBase Onchainsummer “Onchain + Optimistic” Day 16 In fostering Base’s commitment to the superchain future, Day 16 was in collaboration with Optimism. Onchain + Optimistic Note: Mint ends in 5 days Mint 👉🏽http://onchainsummer.xyz/optimism Read more 👉🏽https://t.co/OqxVuIHIjm 4. @OPBunnies Learn and Earn Quests Earlier this month, OP Bunnies announced another round of funding from the @OptimismGrants. This grant will help them further the OP bunnies’ learn and earn quests started earlier this year. This new week is featuring @VelodromeFiHow can you participate?Must be an @OPBunnies holderCollection 👉🏽 nft://10/0x52782699900DF91B58eCD618e77847C5774dCD2e/?showBuying=true&showMeta=trueHead over to @QuestN_com and complete the tasks to be eligible 👉🏽 https://app.questn.com/quest/810130207398781342About 8 OP tokens are to be rewarded for week 9; starting today (First come, First serve)5. @banklessDAO Snapshot vote Bankless DAO has about 4 proposals up for a vote on @SnapshotLabs. If you are a $BANK holder, here’s a reminder to participate as it ends soon.Link 👉🏽 https://snapshot.org/#/banklessvault.eth 6. @SonneFinance Snapshot vote Sonne Finance has a proposal up for a vote on @SnapshotLabs. If you are a $sonnne staker, here’s a reminder to participate. Ends in 6 days.Link 👉🏽 https://snapshot.org/#/sonnefi.eth That’s it for this week's Optimistic Alphas. If you find this useful, I’ll appreciate your feedback, likes ❤️ and retweet my tweet on X so it can reach as many people as possible. Follow me on Twitter 👉🏽 @ayohtunde Discord 👉🏽 ayohtunde Until next week, stay Optimistic ✨🔴.

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