Welcome back, Optimism Fractal community! 🎉
After our refreshing six-week summer break, I'm thrilled to invite everyone to join us this Thursday, September 4th at 17 UTC for our 67th event. Together we’ll embark on the second half of Optimism Fractal’s sixth season, continuing our mission awarding public goods creators, fostering collaboration, and optimizing governance on the Superchain.
This Thursday, we'll gather for our beloved Respect Game where you'll enter breakout rooms, share your work, and rank contributions to the Ethereum and Optimism Superchain. Everyone is welcome to join, earn respect for their contributions, and network with innovators across the ecosystem - whether you're a seasoned contributor or completely new. You don't need any prior experience to get involved and your participation itself is a valuable contribution!
For those who haven't been following closely over the past month and a half, it's been an eventful break with exciting progress across multiple fronts. Here are some highlights from the three ecosystems that Optimism Fractal supports:
- Ethereum Ecosystem:Â Ethereum recently celebrated its 10-year anniversary with thousands of builders and creators contributing to one of the largest open source communities in the world. The Ethereum Foundation's new leadership is coordinating ecosystem growth more efficiently than ever. This vibrant community growth has translated to market success, with the valuation of ETH more than doubling in recent months and crossing an all-time high market cap of nearly $600 billion. There has been increasing institutional adoption through ETFs, treasury vehicles, and successful companies like Robinhood and Blackrock, while stablecoins on Ethereum have soared to reach a value of over $160 billion. All this growth in the Ethereum ecosystem provides more potential funding sources, collaborators, and open source software that creates fertile ground for Optimism Fractal and fractal governance to flourish.
- The Superchain: The ecosystem continues its remarkable expansion with two new networks - Ronin Network (the gaming blockchain home to Axie Infinity) and Superform - now building on the OP Stack. Base has reached all-time highs in TVL while Worldchain continues onboarding millions monthly, with major chains like OP Mainnet, Unichain, Ink, Celo, and Soneium (from Sony) also making significant progress. Applications like Zora, Farcaster, and Aerodrome are experiencing outstanding growth and providing new kinds of valuable experiences onchain. The Optimism Collective recently embarked on it’s eight season, featuring important updates to its governance system and opportunities for contributors. The OP Stack now powers over 70% of Layer 2 transactions, serving as the primary way Ethereum scales its technology and values.
- Fractal Ecosystem:Â The Fractal Impact Concert organized by EZ was a great success, beautifully merging art, music, and governance innovation. Eden Fractal returned from its break with the implementation of the Eden+Fractal consensus process - a legislative consensus mechanism comparable to the Optimism Fractal Council. This process enables delegate elections in Eden Fractal Epoch 2 and provides opportunities for participants to play leading roles in pursuit of its mission to implement fractal decision-making processes throughout society. ZAO Fractal continues demonstrating how fractal governance can benefit communities of creators, while other communities are becoming increasingly interested in fractal governance. Several new videos have been released on the Eden Creators youtube channel featuring episodes of Eden Fractal, Optimism Fractal, and Eden Town Hall.
As we approach Optimism Fractal’s two-year anniversary in October, it's remarkable to see how far we've come. Our consistent weekly gatherings have proven the reliability and power of fractal democracy, building tremendous momentum for the future of fractal communities growing on Ethereum. I'm excited to hear about everyone's contributions and what you've all been up to during the break.
Looking forward to reuniting this Thursday and taking the first step toward planning an exciting anniversary celebration while preparing to mapping out all the great things we'll accomplish in our third year, and of course getting back to our roots playing Optimism Fractal respect games. RSVP on the Optimystics Optimystics events calendar to join us on Thursday at 17 UTC, and feel free to invite friends!