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About
Collective Governance
Developer Ecosystem
End User Experience & Adoption
L2BEAT 💗 icon

L2BEAT 💗

Project

0x1B...eeaD
l2beat.com

L2BEAT is a public goods company dedicated to providing on-chain transparency.

Appears in
100 ballots

Contribution

Since RPGF2 we have focused on: End User Experience and Adoption - Added a “risk rosette” - quickly compare risk vectors of different L2s - Introduced “stages”, progress on the road to full decentralization - Separated L2 TVL into assets bridged canonically, externally and minted natively on L2 - Continuous addition of new L2s, incl. all new OP Stack chains - Published a report on “Upgradeability of Ethereum L2s” Collective governance - Hosted Governance Breakfast at several conferences, fostering governance discussion - Hosted weekly Optimism Office Hours - Hosting whole-day governance workshops during L2DAYS at Devconnect Istanbul Developer ecosystem - Constant development of contract monitoring of L2 systems - Build Your Own Rollup - co-hosted L2Warsaw & L2DAYS Istanbul - Earl.js

Contribution links

    world

    L2BEAT website

    github

    Main Github repository

    github

    Risk Rossette

    github

    Stages

    github

    TVL separation

    world

    "Upgradeability of Ethereum L2s" report

    world

    Build Your Own Rollup

    github

    Earl JS

    world

    L2BEAT Governance page

    world

    L2Warsaw conference

    world

    L2DAYS Istanbul conference

Impact

From the direct feedback we receive, both on Discord & Telegram as well as in person during conferences, we know that our work is helping shape the way Ethereum and L2 ecosystems evolve. - The risk assessment and stages frameworks serve as a north star for projects in terms of what they should prioritize in their roadmaps. - Our contract monitoring ensures that no changes to the security parameters of any L2 go unnoticed. - The introduction of TVL breakdown spurred discussion on how we should treat L2 assets depending on their origin. - Our work on L2 upgradeability is now the backbone of security council designs in various protocols. - Due to our active participation in governance, we’re now experimenting with different forms of involvement and outreach to the community.

Impact Metrics

  • Project researched
    79
  • OP Stack projects researched to date
    7
  • Days publicly monitoring L2 systems
    250
  • Number of monitored smart contracts
    1.1K
  • Conferences organized
    3
  • Governance meetups organized
    4
  • Optimism Office Hours hosted
    11
  • Funding sources

    RetroPGF 2
    256,294.36 OP
    Other
    Ethereum Foundation 2023 grant (second tranche)
    500,000.00 USD
    Governance fund
    Optimism governance rewards and compensation since March 2023
    63,667.00 OP
    Other
    Gitcoin since March 2023
    85,000.00 USD
    Other
    Sponsorship that covered L2 Warsaw conference costs
    52,000.00 USD
    Other
    Grant from Polygon Labs for the "Uprgradability of Ethereum L2S" report
    60,000.00 USD
    Other
    Direct donations
    5,000.00 USD
    Other
    Development of public goods software funded by third-parties
    110,000.00 USD