Hey, Hey, Hey! ONCHAIN Summer—the party has already started, and the vibes are immaculate. I'm here to bring you the most Optimistic, BASED highlights in a fun, easy-to-digest format. Let's dive into the exciting developments and innovative projects making waves in the Superchain ecosystem.

We Buy the Art (WBTA) Launches

We Buy the Art (WBTA) has officially launched, bringing together a community of Superchain enthusiasts, artists, and NFT collectors. This innovative art collector group aims to acquire some of the most vibrant and significant pieces of art within the Superchain ecosystem. Memberships for the WBTA are already generating buzz, with the initial 100 memberships selling out rapidly. The group plans to unlock more features and activities as they await the commemorative mint to become available. To join WBTA, interested individuals can head to the partyDAO app on their site, with memberships currently priced at 0.0052 ETH.

Onchain Zine by TakeUpSpace

TakeUpSpace has released a limited edition 32-page zine titled "Onchain Zine." This unique publication explores the 'Technology of Togetherness' through stories, essays, poetry, and art, all presented from a Black, femme, and queer perspective. Printed in Edinburgh, Scotland, using specialist Japanese printing methods, the zine features contributions from various artists and writers, designed by Hannah Schmith with creative direction from Paff Evara. This zine exemplifies the blending of traditional print media with contemporary blockchain culture.

Optimism's Custom Gas Token Innovations

OP Labs has highlighted the utility of custom gas tokens for blockchain projects. By deploying a chain with either a custom or established community token as the gas token, projects can enhance the utility of their tokens and subsidize transaction fees more effectively. This approach benefits both users and developers, as it can lower costs and incentivize engagement through grants from token treasuries. OP Labs also announced new documentation detailing the use of custom gas tokens for chain operators, providing comprehensive guidelines for integrating these features into their ecosystems.

Mint Blockchain's Ambitious Roadmap

Mint Blockchain, an Ethereum Layer 2 network focused on NFTs, has unveiled an ambitious roadmap to drive the mass adoption of NFTs. Key milestones include the launch of the Mint Mainnet, introduction of the NIP asset protocol standard library, and decentralized staking mining for sequencers. The roadmap outlines a series of developments aimed at enhancing the infrastructure and functionality of NFT assets, from issuance and trading to metadata storage and indexing. Mint Blockchain aspires to become a leading network within the Ethereum ecosystem, providing comprehensive tools and services for Web3 developers.

Searcher.wtf: An EthCC Side Event

On July 8, 2024, in Brussels, an EthCC side event titled "Searcher.wtf" will delve into the critical roles of searchers, solvers, and other automated agents in transaction lifecycles and MEV (Miner Extractable Value) supply chains. Organized in collaboration with multiple blockchain projects, this event promises in-depth discussions on latency, market making, and agentic markets. The event will foster an open environment for real questions and dialogue, without cameras or recordings, encouraging candid conversations about these pivotal elements of the blockchain ecosystem.

SushiSwap's SushiXSwap V2 Upgrade

SushiSwap has announced the V2 upgrade of SushiXSwap, introducing new features and improvements to enhance the user experience and functionality of the decentralized exchange. The upgrade aims to optimize trading, increase liquidity, and provide better incentives for users and liquidity providers. This development underscores SushiSwap's commitment to continuous innovation and maintaining its position as a leading platform in the DeFi space.

Base Increases Gas Capacity

Jesse Pollak from Base announced an increase in the platform's gas target to 6.25 Mgas/s, resulting in a 25% increase in overall capacity and a significant reduction in fees. This enhancement follows extensive load testing and optimization, with plans to further increase the gas target to 7.5 Mgas/s. Base's efforts aim to scale their infrastructure to support growing demand and improve the user experience on their network.

Gelato Network Supports Superchain

Gelato Network has announced its support for the Superchain by Optimism, which aims to unify rollup infrastructure and solve liquidity fragmentation issues. By standardizing rollup infrastructure, the Superchain enhances asset bridging, security, and governance while providing universal tooling and a shared communication layer. Gelato Network's RaaS (Rollup as a Service) platform now enables easy deployment of Op Stack L2/L3 chains, tapping into the Superchain's capabilities to deliver seamless, efficient blockchain solutions.

Stay tuned for daily news, interviews, and spotlights, and don't forget to mint this edition. Join us in celebrating the incredible innovation happening all around us!

Disclaimer:

This summary is for informational purposes only and does not constitute financial or legal advice. Always do your own research (DYOR) before making decisions. Stay informed and stay safe!