Developer Ecosystem
End User Experience & Adoption
OP Stack
Synapse DAO icon

Synapse DAO

Project

0x60...9A2d

Synapse DAO maintains the Synapse Bridge and other onboarding tooling

Appears in
33 ballots

Contribution

The Synapse DAO has contributed to bridge and onboarding tooling to make it easier to bring assets and users into the ecosystem in the following key ways: - Maintaining one of the leading on and off ramps for the ecosystem - Support and integrations for new OP Stack chains like Base - Fast Deposit bridging from any chain into the Optimism ecosystem - Research and implementation of new bridging paradigms – launching Concentrated Liquidity - Integrations with key ecosystem projects like Olympus, Layer2DAO etc. to increase liquidity.

Impact

The Synapse DAO has brought billions of dollars, hundreds of thousands of users and developers into the ecosystem across many products. Combined with integrations with key ecosystem protocols, synapse helps Optimism become the hub of all layer 2 activity through: - Bringing over $1.2B into the ecosystem - Settling over 1M transactions - Introducing 420k new users to Optimism - Integrations with ecosystem protocols to increase liquidity and volume - Educational and Marketing activities to help users navigate onboarding and discovering applications on Optimism

Impact Metrics

Funding sources

Partner fund
1,000,000.00 OP