Optimism Retroactive Public Goods Round 2

Quick Take

• Optimism RetroPGF Round 2.
• New Ledger Stax hardware wallet.
• ChainLink staking v0.1 goes live.
• rwa.xyz launches a real-world asset tracker.

Listen on: Apple | Castbox | Spotify | YouTube | Lens

Optimism Highlights 🔴✨

Optimism Retroactive Public Goods Round 2
Optimism announced its second retroactive public goods funding round in which a total of 10 million $OP tokens will be distributed to projects powering public goods on the L2 network. Retroactive Public Goods Funding (RetroPGF) is based on the idea that it’s easier to fund what was useful than to issue proactive grants for what might be useful. Optimism also introduced the launch of its Citizens' House, a one-person one-vote-based governance system. The Citizens' House relies on identity whereas the Token House uses a traditional governance model of one token one-vote. Together, the Citizens' House and the Token House form the Optimism Collective.

The Citizens’ House is primarily responsible for allocating funding for public goods. 20% of the OP token treasury has been allocated to RetroPGF. Project nominations for round two begin January 3rd. Select community members who receive a voting badge will be eligible to vote for nominated projects starting January 31st.

Ledger Introduces Stax Wallet

Ledger introduced Ledger Stax, a new hardware crypto wallet that features a curved e-ink touch screen display. The wallet is currently available for pre-order at price of $279 with an expected ship date in March 2023. Ledger Stax was designed by Tony Fadell, the creator of Apple’s iPod and former CEO of Nest. The wallet also features a USB-C port, Bluetooth, and embedded magnets to enable the stacking of multiple devices. Ledger Stax competes with Trezor’s Model T wallet, which features a color touch-screen display and retails for $219. Ledger has sold over 5 million hardware wallets since the launch of the company in 2014.

Chainlink Staking v0.1 Now Live

Staking v0.1 is now live on Chainlink. Eligible early access community members can stake up to 7,000 $LINK. The v0.1 staking pool is also capped at 25 million $LINK as staking is still in a beta phase. Staked $LINK tokens serve as collateral to increase the security of decentralized oracle networks on the protocol. General access to staking opens on December 8th, allowing any address to stake $LINK tokens. Additional functionalities, such as alerts, auto-delegation, and a reputation system, will be added over time. Tokens staked in the v0.1 contract will remain locked until the launch of staking v0.2, which is expected to take 9 to 12 months.

Real World Asset Analytics Dashboard

rwa.xyz released an analytics dashboard for tracking real-world assets and off-chain activity. Real-world assets (RWA) are tangible assets that have the potential to be used as collateral, such as real estate. The dashboard initially supports data on private credit with support for stablecoins planned in a future release. Users can also track underwriters, loan terms, and idle cash. According to data from the site, over $4.2 billion worth of business loans have originated on-chain by protocols such as Maple Finance, TrueFi, and Ribbon Finance. Over $345 million worth of loans are currently active with an average APR of 12.34%.

Liquidity Chicken Bonds Explorer

DeFi Saver released an on-chain explorer for tracking Liquity Chicken Bonds (CB). The explorer shows an overview of current stats and breaks down historical events for each bond. There is currently over 50 million $LUSD in TVL from over 1,200 active chicken bonds. Chicken Bonds are NFT-based positions that offer users who deposit $LUSD with amplified yield.