Collective Governance
Developer Ecosystem
End User Experience & Adoption
L2BEAT đź’—
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
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.
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