Celo

Project Details What are you building?: The Pendle protocol enables permissionless tokenization and trading of yield. Pendle allows anyone to purchase assets at a discount, obtain fixed yield, or long DeFi yield. The protocol enables this by taking yield-bearing tokens and then splitting them into their principal and yield components, PT (principal token) and YT (yield token) respectively, which allows them to be traded via Pendle’s AMM. The Pendle AMM is purposely built for trading yield…

Project Details What are you building?:OmniBTC is an omnichain DeFi platform that connects all the on-chain liquidity using interoperability protocols such as L0, Wormhole, Celer Network. OmniBTC is also a decentralized cross-chain swap and lend/borrow platform built across multi-VM ecosystems, aiming to connect and unify all the on-chain liquidity for seamless and low-cost cross-chain transactions. We offers a few key features and benefits: OmniSwap(Cross-chain Swap): users can swap tokenA…

Project Details What are you going to build?: We want to build the full OP stack based on the latest Java. Vitalik emphasized the importance of client diversification for decentralization in his blog. Currently, there are multiple client implementations based on Go, Rust, C# and Java.The diversification of clients is also the expectation of the OP stack. Currently, the official development of various services in the OP stack is mainly based on Go. At the same time, we have seen optimism-rs…

Project Details What are you building? Vision: We envision a borderless financial system built on open, decentralized protocols. Mission: We shall be the pathway into this borderless financial system; an open-source, multi-chain, self-custody crypto platform enabling billions to achieve financial sovereignty. The roadmap for ShapeShift DAO’s product is ultimately driven by the community of FOX Token holders; an in-progress version is live at app.shapeshift.com 14. This multi-wallet,…

What are you building?: Galxe is the leading platform for building web3 communities. With over 30 million users, Galxe has propelled the growth of Optimism, Polygon, Arbitrum, and more than 1800 partners with reward-based loyalty programs. Protocols can leverage Web3 credentials from Galxe’s credential data network to power marketplace growth, issue Soul Bound Tokens, increase community engagement, boost ecosystem growth, and generate brand awareness as a result. Galxe’s OAT is the…

What are you building?: I will keep this cycle’s proposal as brief as I can as there are many questions to answer and the previous proposal gives a lot of detail into what we are building. The TL;DR is that Giveth has an incentivized web3 donation platform on Mainnet and Gnosis Chain and we would like to bring the entire application to Optimism. We will reward donations on Optimism to verified projects and we will launch an incentivized staking and locking system called GIVpower. Both of these…

What are you building?: We’re building public consensus for geospatial augmented reality. Think of Pokemon Go but rather than just a siloed application, relevant & composable content, applications, & information are discoverable at physical-world locations through a universal spatial browser (like a web browser that uses GPS instead of URLs). We use a novel property rights system (partial common ownership/Harberger taxes 1*) to administer a fair & productive market for who can anchor…

What are you going to build?: Synpress is an end-to-end testing framework for web applications based on Cypress.io 4 and Playwright, with support for MetaMask. It is a pioneering tool in web3 end-to-end testing with the potential to evolve into a decentralized network of test runners and continuous integration providers in the future. Synpress is easy to use, fully tested, and includes features such as MetaMask support, headless mode, integrated video recording, and many more. It is also…

What are you going to build?: JiffyScan is the first (and only) block explorer built for the EIP-4337 ecosystem, enabling account abstraction for EVM chains. It shows the transactions as per the new entities introduced: userOp, Bundle, Bundler, Entrypoint, factory, paymaster, etc. This is helpful for all the participants of the ecosystem: Developers can test out their applications in an easier fashion, for users to easily confirm their transactions, and for researchers to get a holistic view…

What are you going to build?: We are deploying our conditional streaming protocol to have Optimism as the main operational chain for all the dApps that will be built on top of Inverter protocol, such as Inverter’s flagship dApp. See more about the protocol here. 5 Inverter dApp enables funders and projects to coordinate streamlining of milestone/KPI based grant & investment funding with integrated processes of one-stop funding management, active feedback loops, automated multi token funding &…

Project description (please explain how your project works): Thales is a protocol that allows for creation and participation in novel on-chain automated parimutuel markets around the available on-chain data feeds in the likes of Crypto Prices, Commodities, Sports Outcomes etc. To support on-demand liquidity for this type of markets, Thales developed a novel custom AMM specialized in this type of binary outcome markets that successfully mitigates the downfalls of other CFMM liquidity…