Superchain Ecosystem And The First Builders

The Superchain ecosystem has made extremely strong progress compared to Arbitrum Orbit, zkSync’s ZKStack or StarkNet’s StarkNet Stack with many prominent names such as Base, opBNB, Magi,… So what are the outstanding names? On the current Superchain ecosystem, everyone will learn more with us in the article below.

To better understand the Superchain ecosystem, people can refer to some of the articles below:

• What is Optimism (OP)? Overview of Cryptocurrency Optimism
• What is Superchain? Overview of Optimism’s OP Stack, OP-Chain & Superchain
• What is opBNB? Binance Officially Joins Coinbase to Join Optimism’s Superchain
• What is Base? Base Cryptocurrency Overview

Superchain & New Breeze For Layer 2s Market

Clearly, Optimism’s OP Stack, OP Chain and Superchain have created a cool breeze for the Crypto market in the midst of a depressed and sporadic season. With OP Stack, projects can easily build their own Layer 2 with many different options in layers such as Settlement, Execution or Consensus. Immediately, a series of big names such as Coinbase and Binance joined together in the Superchain ecosystem.

The chain effect is taking place with the participation of many protocols that want to transform or previous generation Layer 1 platforms that want to return under Ethereum such as Celo, Polygon or Fantom. A positive thing that helps us confirm that Layer 2 will become one of the big trends in the next cycle of the market.

Superchain Ecosystem & First Builders

There is no need to wait too long. Currently, the Superchain ecosystem has many different names in diverse fields in the Crypto market. The first to mention is Base – the Optimistic Rollup platform built and developed by the Coinbase team and this is also the project that is committed to accompanying the building of the Superchain vision with the Optimism team.

Commitment is also gradually being transformed into action as the two sides have interacted with each other through a number of actions such as:

• Optimism gave Base 2.75% of OP’s total supply to allow Base to participate in the Optimism Collective (DAO) in installments within 6 years and in return, Base committed to sharing revenue or profits with Optimism Collective.
• Optimism and Base will build together Law of Chain is a common set of rules for projects on Superchain that want to participate to receive more profits from Optimism and Base.

It can be seen that Coinbase and Optimism Foundation have certain plans for Superchain and we need more time to know the details of the obligations and rights when projects agree to participate in the Law. of Chain. Optimism’s problem with OP is that OP is not currently benefiting from the development of Superchain, which we also need to monitor in the future.

Law of Chain also has the first outline with some key points such as:

• Ensuring safety for all Superchain participants such as end users, developers and Sequencers.
• Focus on protecting users, developers and sequences.
• Those who violate the rules may be removed from the Superchain.

Law of Chain is still in its early stages and has just been launched for discussion and contributions to build a more diverse and comprehensive law to help the Superchain ecosystem develop sustainably.

Besides Base, at the present time we also have many names participating in the Superchain ecosystem with many names such as:

• Zora: NFT Marketplace platform supports users with many different activities such as Mint, Buy, Sell,…
• Aevo: Layer 2 platform dedicated to the Derivatives market including both Options and Perp DEX. Aevo is also backed by Paradigm, Coinbase and Dragonfly Capital.
• Public Good Network: Platform to support and finance projects to build community-oriented utilities.
• opBNB: Layer 2 platform uses Optimistic Rollup technology built and developed by Binance itself.
• Mode Network: Is a Layer 2 platform built on Ethereum & OP Stack. Mode’s goal is to be designed to be Hyper-growth which means a Layer 2 with a primary focus on scalability.
• Kinto: Kinto is a Layer 2 platform with a primary focus on providing safe, secure access to finance-related services. Kinto targets users including both individuals and businesses.
• Manta Network: The Layer 2 product called Manta Pacific aims to build a zkEVM for zkApps.
• Celo: From a Layer 1 platform towards a Mobile Blockchain model then moving towards real world solutions is still the same vision now but Celo is expected to be a Layer 2 on Ethereum. Read more about Celo L2 here.
• Fantom: A successful Layer 1 platform in the past is also having proposals to become a Layer 2 on Ethereum.
• DeBank: The leading asset management platform in the Crypto market also decided to build a Layer 2 for itself. Read more about DeBank Chain here.
• Magi: Is a Client built by A16Z to help improve the Superchain network.
• Frax Finane: The leading DeFi project on Ethereum is also looking for new directions to develop its LSD product. Read more about Frax Chain here.
• Lyra Finance: Synthetix’s Option project also moved to Layer 2 to become a centralized platform for an industry.
• Lattice: Platform on which OPCraft is built – A fully on-chain 3D decentralized world similar to the MineCraft game in Web2. With OPCraft, Lattice received a recommendation under the Retroactive Public Good Funding program.

Projects at the present time are in relatively different processes:

Since its launch, combined with users participating in Airdrop/retroactive on the network and the explosion of Friend.tech, most recently erodrome, Base has generated about $4M in revenue in the past 30 days. . If 2.5% of revenue is shared with Optimism Collective, the number will be about $100K. Obviously these are the first positive signals for the Superchain ecosystem.

We look forward to more commits between Optimism and our Superchain ecosystem.

Summary

The Superchain ecosystem is still in the early stages of development, we certainly need more time to be able to make the most comprehensive assessments of what Optimism is ambitious about.