Optimism

Project Description Alchemix allows users to leverage the time value of money by borrowing up to 50% of future yield on deposited collateral with no risk of liquidation, in the form of synthetic assets alUSD and alETH. User collateral is deposited into underlying yield strategies, and yield earned is used to pay down user debt. Because liquidation is not possible and the primary interaction is front-loaded (deposit and take initial loan), Alchemix depositors are far stickier TVL than other…

Project description: Arrakis Finance is a liquidity management protocol that is built on top of Uniswap V3 and can be extended to any concentrated liquidity AMMs. Arrakis provides The infrastructure that enables the easy implementation of any market making strategies and experiences, and Liquidity management strategies that are fit for any specific purposes of liquidity providers

Project description: A novel yield-optimized trading protocol that earns you extra yield while trading crypto. Symphony DEX is the composability layer that aggregates prices and liquidity across all DEXs and DEX aggregators, providing you with the best prices and fastest execution speeds for your trades. This way, you can buy and sell tokens more capital-efficiently than ever. Your trades keep earning yield on safe protocols like Aave, Yearn, etc. till the time they execute. Symphony…

Project description (please explain how your project works): InsureDAO is a DeFi insurance protocol, where users can purchase&sell insurance against any DeFi protocol, and the only DeFi insurance protocol on Optimism now. Currently, insurance against smart contract vulnerability is available to purchase, and we are now preparing for stablecoin de-peg insurance, which is planned to be live in October. Single pools & Index pools There are two types of insurance pools on InsureDAO:…

Project description: Curve is a multichain AMM exchange specializing in concentrated liquidity. Curve is designed for extremely efficient stablecoin trading and low risk, supplemental fee income for liquidity providers

Project description (please explain how your project works): PoolTogether is a global savings account with super powers. It’s a DeFi protocol enabling anyone to deposit and save funds while having the chance to win thousands of dollars in prizes every day. Even if they don’t win, they keep all their money and can withdraw at any time. This is possible because prizes are made up of the interest that accrues on all deposited funds. Users deposit into the network, yield accrues on all…

Project description (please explain how your project works): Overnight.fi 28 is the company behind stablecoin USD+. USD+ is USDC that pays you yield via daily rebase. It is 100% collaterized with high-quality stables (USDC, BUSD, USDT, DAI etc.) that are invested onchain into lowest risk no IL stable-to-stable strategies. The yield from farming is passed over to USD+ holders via rebase. The superpower of USD+ is its ability to pay yield in liquidity pools, thus maximizing capital efficiency…

Project description: Socket is an interoperability protocol for secure & efficient data and asset transfers across chains. Apps can simply plug in Socket in their apps to get access to liquidity & state of all chains. Asset transfers are live today, with data transfers launching soon. How Asset Transfers Work: We aggregate all bridges & DEXs across chains for efficient asset transfers. The result is ultra-efficient cross chain swaps powered by an advanced routing mechanism that…

Project description: Tally Ho is an open-source, community-owned alternative to MetaMask that’s been under development since early 2021. This summer, we launched the first production release of the Tally Ho wallet and have been growing rapidly since. Tally Ho currently has 32,000 users (up from 5,000 in May) and our community launched a #defendWeb3 open letter 10 in August that has garnered over 80,000 signatures.

Project description (please explain how your project works): We are proposing that Messari provide the Optimism community with quarterly governance, ecosystem, and financial reports while continuing to build out subgraphs for the ecosystem. This would serve to better inform existing stakeholders as well as attract new ones while building out the open-source data infrastructure for the community. These reports would live as free resources on Messari and would be distributed through our…

Project Description: Mochi is a staked-coordination game for DAOs and remote teams. Modeled off of agile software development, Mochi is a protocol in which members of a DAO or decentralized team set goals relative to the organization, form teams, stake ether, and share insights to achieve their goals. Mochi enables permission-less contribution by having contributors stake against their performance. Every Monday-Friday, Mochi players respond to our Discord bot and receive tokens as…