L2 report vol. 16

February 20th 2023

A biweekly update on Layer 2 protocols, 6th February — 20th February

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TL;DR

Stats

  • The sum of all funds locked on Ethereum converted to USD is $6.21 B at the time of writing.

Source.

Source.

How much does it cost to use Layer 2?

Source.

Optimistic rollups

Source.

Arbitrum One

  • Arbitrum announced Stylus (“EVM+”) programming environment — supporting C, C++ and Rust for faster, cheaper, and more powerful apps.
  • Prysm Updates Q1’23: quarterly updates on what is going on in the protocol layer world and what the Arbitrum team has been working on.

🚀Live on Arbitrum:

  • Overtime (sports markets) expands to Arbitrum.
  • Avault deploys on Arbitrum One — a one-stop omnichain yield platform, powered by LayerZero Labs.
  • POKT network launches support for Arbitrum One — battle-tested & reliable decentralized RPC infrastructure governed by the Pocket DAO.
  • Silo Finance risk-issolated money markets and stablecoin launches on Arbitrum.
  • RAILGUN announces plans to support Arbitrum — privacy via zk.
  • Bluefin perps trading launches on Arbitrum One.
  • Metaline metaverse SLG SIM strategy sailing game launches on Arbitrum One.

 

Projects based on Optimism’s codebase

Optimism

  • Optimism delays Bedrock upgrade vote to resolve issues from bounty contest. It has been rescheduled to the voting Cycle 11 (March 2 — April 5) in order to give governance ample time to review code changes.
  • Optimism airdrop №2. 11.7M OP distributed to over 300k wallets.
  • Optimism Retro Public Good round 2 nominations close with over 260 nominations Results will be announced in March.
  • Binance adds support for BUSD on Optimism.

 

Metis Andromeda

 

Boba Network

Zero-knowledge rollups

Source.

Aztec

 

Loopring

  • Community Ambassadors + Builders Initiative: Winners + Update: In December 2022, Loopring announced the new initiative, with the intention of recognizing and rewarding those who contribute to the growth of the Loopring L2 ecosystem. Now they expand upon this by making this initiative an entry point and path to potentially acquiring a part-time or full-time position on the Loopring team or within the Loopring ecosystem.
  • As Loopring L2 continues to get a big influx of new users each week, please be sure to check out their knowledge base for all things Loopring L2.

 

Polygon

🚀Live on Polygon:

  • Check out the latest Polygon integrations here.

 

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StarkWare

  • StarkWare open-sources the StarkNet Prover as part of decentralization roadmap.
  • Chainlink oracles will be deployed on StarkNet in the near future. StarkWare is partnering with Chainlink as part of the SCALE program to give low-cost & reliable oracle access to StarkNet developers.
  • Argent upgrades Argent X StarkNet wallet with 2FA. The team announces a new seedless & self-custodial web-wallet for StarkNet that can be used with just an email address.

🚀Powered by StarkWare:

 

zkSync

 

ZKSpace

 

Projects build using StarkEx

dYdX

Validium

Source.

Projects build using StarkEx

rhino.fi (previously DeversiFi)

  • Introducing Rhino referrals: The first-ever referral scheme is now live. Become an OG and earn guaranteed rewards while your friends charge into DeFi.
  • Rhino.fi launches Arbitrum Charge event — One month of tasks & quests focused on the Arbitrum ecosystem.

 

Immutable X

MISC

That’s all for today! Your feedback is highly appreciated! Let us know what you think about the format & content.

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