The Optimism CollectiveGovernance in Season 8: The Next Phase
Just over three years ago, the Optimism Collective embarked on a large-scale experiment in decentralized governance. From the beginning, we’ve been committed to taking “an agile approach to governance—relentlessly iterating until we establish a system which can stand the test of time.” As we experiment, we learn more about the balance of power and other dynamics within our system, an iterative process that allows the Collective to mature and evolve (see Working Constitution). Systems that are...
The Optimism CollectiveIntroducing the Optimism Collective
It’s time for a new chapter. As crypto enters its next wave of adoption, the calls for scalability are deafening. This demand is often answered by centralized layer-1 competitors, who abandon Ethereum’s security and values under the guise of cheap fees and a quick buck. We must not recreate Web2 incentives in our quest for Web3 scalability. Web3 offers the opportunity to rebuild the internet to align with the values of its users. Sacrificing this mission is sacrificing the purpose of crypto. ...
The Optimism CollectiveAnswering the call: How RISC Zero and O(1) Labs are bringing ZK proofs to the OP Stack
In Season 4 of Optimism Governance, the community rallied around Collective Intents, where teams work on tightly scoped, specific initiatives known as Missions. As part of this process, the Optimism Foundation set forth Missions for critical areas of growth and development within the Collective. A key part of building towards the Technical Decentralization Intent is implementing a Zero Knowledge Proof (ZKP) for the OP Stack. For OP Chains in the Superchain, this is an important ingredient to ...
Optimism is a Collective of companies, communities and citizens working together to build an internet that benefits all, and is owned by all
The Optimism CollectiveGovernance in Season 8: The Next Phase
Just over three years ago, the Optimism Collective embarked on a large-scale experiment in decentralized governance. From the beginning, we’ve been committed to taking “an agile approach to governance—relentlessly iterating until we establish a system which can stand the test of time.” As we experiment, we learn more about the balance of power and other dynamics within our system, an iterative process that allows the Collective to mature and evolve (see Working Constitution). Systems that are...
The Optimism CollectiveIntroducing the Optimism Collective
It’s time for a new chapter. As crypto enters its next wave of adoption, the calls for scalability are deafening. This demand is often answered by centralized layer-1 competitors, who abandon Ethereum’s security and values under the guise of cheap fees and a quick buck. We must not recreate Web2 incentives in our quest for Web3 scalability. Web3 offers the opportunity to rebuild the internet to align with the values of its users. Sacrificing this mission is sacrificing the purpose of crypto. ...
The Optimism CollectiveAnswering the call: How RISC Zero and O(1) Labs are bringing ZK proofs to the OP Stack
In Season 4 of Optimism Governance, the community rallied around Collective Intents, where teams work on tightly scoped, specific initiatives known as Missions. As part of this process, the Optimism Foundation set forth Missions for critical areas of growth and development within the Collective. A key part of building towards the Technical Decentralization Intent is implementing a Zero Knowledge Proof (ZKP) for the OP Stack. For OP Chains in the Superchain, this is an important ingredient to ...
Optimism is a Collective of companies, communities and citizens working together to build an internet that benefits all, and is owned by all
Subscribe to The Optimism Collective
Subscribe to The Optimism Collective
Share Dialog
Share Dialog
>1.1M subscribers
>1.1M subscribers
Earlier this year, we declared a Summer of Optimism heralded by the launch of the Optimism Collective, the OP token, and the distribution of grants to projects aligned with The Optimistic Vision in order to kickstart the growth of the Optimism ecosystem.
Fast forward to the present, and we're beginning to see just that!
On-chain transactions are up, with OP Mainnet settling an average of 150k+ transactions per day over the last 30 days—up about 40% versus the prior 90 days.
Since 12 of 43 incentive programs have launched, over $700M has been bridged from L1 to OP Mainnet, a >600% increase vs the same time period pre-incentives.
An ecosystem is only as strong as the projects which compose it. Projects which have implemented their incentive programs have also seen a marked increase in inflows, liquidity, TVL, and transactions.
All in all, it’s safe to say the seeds planted this Spring are beginning to bear fruit. ✨
A total of 51,149,838 OP have been earmarked for distribution to date, including 42mm OP from the Governance Fund’s ~200mm allocation.
Of the 43 projects earmarked to receive this 51,149,838 OP during Optimism Governance Season 1, 12 have launched their incentives programs to date, with 31 more coming soon!
To help keep track of Optimism Ecosystem project incentive programs, we've created a public dashboard which we'll keep up to date. We've also added an 'OP Summer incentives' filter to the ecosystem page at optimism.io.
The incentives fueling OP Summer have only just begun to be distributed and utilized by projects in the ecosystem. Expect OP Summer to heat up even more as projects continue to utilize their allocations!
Meanwhile, in the world of governance, we’re entering Season 2, with many awesome improvements in the works. To stay up to date on and participate in Optimism governance follow @OptimismGov, check out the Governance forum, and don't forget to delegate your OP if you haven't already.
As you can see, there is massive potential for builders to stake their claim in the new, open internet. Just have a look at the projects which have already done so. Are you a project aligned with The Optimistic Vision? You can still apply for funding through governance.
If you're a brand new user, it's never too late to Get Started. If you're not sure where to begin, poke your head in our Discord and say hello!
Until then--stay safe, remain curious--and, as always, stay Optimistic! 🔴✨
Earlier this year, we declared a Summer of Optimism heralded by the launch of the Optimism Collective, the OP token, and the distribution of grants to projects aligned with The Optimistic Vision in order to kickstart the growth of the Optimism ecosystem.
Fast forward to the present, and we're beginning to see just that!
On-chain transactions are up, with OP Mainnet settling an average of 150k+ transactions per day over the last 30 days—up about 40% versus the prior 90 days.
Since 12 of 43 incentive programs have launched, over $700M has been bridged from L1 to OP Mainnet, a >600% increase vs the same time period pre-incentives.
An ecosystem is only as strong as the projects which compose it. Projects which have implemented their incentive programs have also seen a marked increase in inflows, liquidity, TVL, and transactions.
All in all, it’s safe to say the seeds planted this Spring are beginning to bear fruit. ✨
A total of 51,149,838 OP have been earmarked for distribution to date, including 42mm OP from the Governance Fund’s ~200mm allocation.
Of the 43 projects earmarked to receive this 51,149,838 OP during Optimism Governance Season 1, 12 have launched their incentives programs to date, with 31 more coming soon!
To help keep track of Optimism Ecosystem project incentive programs, we've created a public dashboard which we'll keep up to date. We've also added an 'OP Summer incentives' filter to the ecosystem page at optimism.io.
The incentives fueling OP Summer have only just begun to be distributed and utilized by projects in the ecosystem. Expect OP Summer to heat up even more as projects continue to utilize their allocations!
Meanwhile, in the world of governance, we’re entering Season 2, with many awesome improvements in the works. To stay up to date on and participate in Optimism governance follow @OptimismGov, check out the Governance forum, and don't forget to delegate your OP if you haven't already.
As you can see, there is massive potential for builders to stake their claim in the new, open internet. Just have a look at the projects which have already done so. Are you a project aligned with The Optimistic Vision? You can still apply for funding through governance.
If you're a brand new user, it's never too late to Get Started. If you're not sure where to begin, poke your head in our Discord and say hello!
Until then--stay safe, remain curious--and, as always, stay Optimistic! 🔴✨
No activity yet