# ScaleWatching the Week

> August 16h - 23rd

**Published by:** [ScaleWatching](https://paragraph.com/@scalewatching/)
**Published on:** 2024-08-27
**URL:** https://paragraph.com/@scalewatching/aug-17th-23rd

## Content

Hello dear ScaleWatchers, Let's round up and comment some of the most important news that happened this week in the L2 scene!MarketsSlightly upwards-oriented consolidation happened among most Crypto Assets while Aave surged 30% pricing its deployment on zkSync. In many charts we can see a beginning of a possible medium-term bullish movement in the 4hours timeframe. Here we can see ETH (4H) that is also about to break out of Ichimoku cloud after 2/3 recent retracements. Similar trends are ahead of Eth in many relevant altcoins like $ZK, $UNI, $LDO etc.., which is suggesting a possible beginning of an Altcoin-Season. ETH (4H)Crypto Total Market Cap excluding Top 10 Dominance (4H)L2 newsOptimism announces the winning projects of the Superhack Hackathon for the Optimistic categories.Cyber begins Governance Vote to ratify their working constitutionKakarot DualVM zkRollup Written Q&A sessionOptimism disables its 2-month old Fraud Proofs due to some possible vulnerabilities, hard fork on the horizonThe Coffee Days Campaign begins on Base. Furthermore, a Fast-Track to Space Program is also in place.The Linea Surge Volt campaign kicks off with LXP-L points boostingThe OP Retro Funding round is about to start as voters are being selectedTaiko announces the final part of their Trailblazers DeFi CampaignBase announces imminent Base Ens-subdomainsStatus joins Line as their first open-source code contributor. More info on this Space.Cyber announces the winners of the Cyber Ecosystem Grants Round IIzkFest Program by zkSyncThe POL final migration from MATIC will happen on Sept 4thScroll LATAM RecapZKsync Era Sepolia Network to Test FreezingAave deploys on zkSync! - Celebratory Space here.The SUNNYs Superchain Awards CerimonyPuffer Unifi Based Rollup-RoadmapRumours emerge that OPLabs is working on OP Succinct, an upgrade to turn the OP Stack into a full ZK RollupSony and Startale (DevLab behind Astar) announces the development of Soneium a L2 on top of Ethereum using the OP StackdApp WorldThe Meridian Lending protocol deploys on TaikoThe Holonym Privacy-Multiproducts project raises $5.5M Seed Round weETH + wrsETH lending markets introduced on Scroll by Lore.FinanceSyncSwap teams up with Paymaster project ZyfiRHOMarkets X CoralApp partnershipPencils Protocol x Salus AuditThe Carmine Options protocol gets onboarded on the Chainlink BUILD programYieldNest, a Restaking platform, deploys on BaseNimbora introduces the $sSTRK Yield bearing token The ETH button competition by StarknetID beginsThe FOAM Eth-transactions radio-sender project is live on Base and they're starting the sale of their antennas soonThe first ever Governance vote on Starknet Mainnet after the $STRK token launch is on the horizonKelp's Airdrop Gain exposure token is now available on PendleMetaMask introduces the Send & Swap featurePolygon Grants RoundupInteroperability chats with Optimism and Across about the ERC-7683Calimero integrates the Argent WalletUniswap Community Research ProgramThe Lore DeFi platform on Scroll begins its Initial Farming Offering of their tokenThe Dojo Weekly RoundupToppler X Argent Partnership and ImplementationEventsStarkKorea in Seoul, Sept 2ndBuilder Nights Seoul EditionSheFi Summit Singapore Polygon Dev StopInteresting Threads, Articles, Twitter SpacesOur first ScaleWatching Podcast Episode: Explanation of the ERC-1155 Hybrid NFT Token by MetaMaskLiquid Staking/ Restaking ELI5Unfortunately I accidentally cancelled most of the long list of info in this section and there's no "Undo" option on Paragraph yet, sorry about that!Drama SectionWinning project of a Optimism Hackathon track complains of not having received their prize after three months. Thanks a lot for reading the first edition of "ScaleWatching the Week". We're planning to add more sections from the upcoming editions. Risk & Disclaimers: The content provided in this newsletter is for informational purposes only and should not be construed as financial, investment, or trading advice. Cryptocurrency investments are highly volatile and subject to significant risks, including the potential loss of your entire investment. Always conduct your own research and consult with a qualified financial advisor before making any investment decisions. We do not endorse, recommend, or make any representations about the efficacy, accuracy, or completeness of any information provided herein. By reading this newsletter, you acknowledge and accept that you are solely responsible for any financial decisions you make.

## Publication Information

- [ScaleWatching](https://paragraph.com/@scalewatching/): Publication homepage
- [All Posts](https://paragraph.com/@scalewatching/): More posts from this publication
- [RSS Feed](https://api.paragraph.com/blogs/rss/@scalewatching): Subscribe to updates
- [Twitter](https://twitter.com/0xNurstar): Follow on Twitter

## Optional

- [Collect as NFT](https://paragraph.com/@scalewatching/aug-17th-23rd): Support the author by collecting this post
- [View Collectors](https://paragraph.com/@scalewatching/aug-17th-23rd/collectors): See who has collected this post