Hello dear ScaleWatchers,

Let's round up and comment some of the most important news that happened this week in the L2 scene:

*Work in progress, experimental Edition*

Taking the ETH chart as a reference, after starting the week on the right foot and reaching $2750, most Crypto market prices slightly came back down in the second half of the week (2500/2600 for ETH) and consolidated there for the second part of the week. As I said last week, it is likely to remain on this range (2400-2800) for a while before seeing important movements.

Eth Daily Chart (Aug 16th)

On the other hand, the recovery in the Traditional Markets seems to have more momentum.

Nasdaq Daily Chart (Aug 16th)

• Base moved their Optimism Superchain Grant to a new contract while vesting the tokens. This will allow their core team to play an active role in the Optimis Superchain Governance

• Taiko teams up with @LogX_trade

• The zkFest by zkSync continues with new cool initiatives

• Here you can see a selection of the latest Starknet project grantees from their Seed Grant Program

• Taiko partners with Biconomy to offer better AccountAbstraction-powered UX with their SDK

• EigenLayer will be the AVS provider for the Sentient's OML new AI model

• Alchemy hosts Linea to talk about their ecosystem and infra

• The Dojo NYC Residency program is in full swing

• EigenLayer introduces the AVS Rewards Mainnet Launch Program where they will share some rewards with stakers and operators

• Starknet ships their new Ecosystem Dashboard

• "The Call of Taiko" Campaign enters its 7th Trail

• Scroll's latest Level Up Grants Office Hours

• Optimistic Superchain path to interoperability - a thread

• Aavegotchi announces Geist, a L3 built with the Arbitrum Orbit stack and Base as its settlement layer 2

• zkSync kicks off their "Build on zkSync" Dev-teaching series

• The Cronos zkChain deploys on Alpha Mainnet

• Dojo Weekly Roundup

• Puffer recaps their recent news and EDCON presence

• Uniswap releases a research on Crypto Prices Dynamics in collab with Copenaghen University

• The Vessels Trading Dex deploys on Scroll

• The Dojo NYC Residency program is in full swing

• Learn how to implement the Zeronym on-chain identity verification platform

• The bunnyFi bridge now supports Scroll

• The Router interoperability protocol adds support for Linea

• The Starknet MetaMask Snap is now able to connect to the StarkGate bridge

• MetaMask announces the MetaMask Card in collab with Baanx and Mastercard

• Kelp introduces the Airdrop Gain, an Airdrop-Hunter Concierge Strategy

• Uniswap's sidebar real-time updates

• Looping Smart Wallet app adds support for Taiko

• Cantina's 2.3M Web3 Security Competition

• RageTrade Perp aggregator kicks off a trading competition with 100k $ARB as prize pool.

• Aerodrome's LP Rewards Update

• ODHack 7.0 coming soon

• Plural Energy project on Base

• Metamask August Dev Community Call

• SheFi Summit Singapore

• Linea dApp Ecosystem Q2 2024 Report by DappRadar

• Points Part 1 - A research by ThreeSigma

• EIP-7702 explained

• Scroll's DeFi Eco thread

EigenLabs being accused of Airdrop Bribery with projects deploying on its Eco

Thanks a lot for reading the first edition of "ScaleWatching the Week". We're planning to add more sections from the upcoming editions.

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