Ethereum Intern Profile picture
Aug 3 13 tweets 3 min read Read on X
one of the key insights about rollups is that they can not only be differentiated technologically, but culturally as well, while remaining secured by ethereum.

i'd like to highlight some of the unique (on both axes) and intriguing rollups i've seen

the L2 thread, 1/13
inshAllah (@inshAllah_l2): an islamic L2 designed for creating an environment for onchain halal finance. they are currently building a staking product called goldsand, a liquid staking service whose validators do not include haram transactions within ethereum blocks, such as those involving lending.

2/13
redstone chain (@redstonexyz): an optimium built by the @latticexyz team that focuses on being fast and cheap for low-value uses such as onchain games. it keeps DA offchain and only submitting it onchain if a dispute is created. it's part of the @Optimism superchain.

3/13
megaeth (@megaeth_labs): the 'real-time blockchain', a validium coming soon that is relentlessly optimizing every part of the stack to the point where the only bottleneck is hardware and aiming to hit over 10 Ggas/s and 1ms latency. it puts even the VC chains advertising absurd tps counts to shame while remaining secured by ethereum.

4/13
taiko (@taikoxyz): a 'based' rollup, meaning it uses ethereum's validators to natively sequence transactions, rather than relying on a centralized sequencer or its own sequencing network.

it is a contestable rollup that accepts different types of validity proofs under the principle of security by defense in depth, where people can contest other proofs with more secure proofs, or even composite proofs (e.g. ZK + SGX)

5/13
gasp (@Gasp_xyz): a MEV-free crosschain DEX rollup connected to multiple L1 and L2 chains at once. it uses @eigenlayer to guarantee cross-L1 economic finality. it's currently in testnet.

(the name is fitting: when i first read about how it worked, i gasped)

6/13
fluent (@fluentxyz): a ZK rollup with a "blended execution environment", meaning EVM (ethereum), WASM (rust, C, etc) and SVM (solana) apps can run side-by-side and interact with each other with more VMs potentially coming soon. it's currently in devnet

7/13
eclipse (@EclipseFND): a L2 on ethereum that uses the solana VM, allowing solana devs to quickly port over their dapps to be secured by ethereum instead. it's already in mainnet right now

8/13
optimism (@optimism): known for OP Mainnet and the OP Stack. what interests me most here isn't the tech itself, but rather the governance.

it is a form of 'digital democratic governance', governed by a mixture of democratic voting and token voting and it focuses on funding impactful public goods with retroactive public goods funding.

9/13
metal (@metal_l2): a L2, unlike many of the others on this list, focused on compliance and regulation rather than a cypherpunk ethos. built by @MetallicusTDBN, it's onchain finance designed for banks and other financial institutions.

10/13
aevo (@aevoxyz): a derivatives exchange with options, perpetuals & automated trading strategies, all running on a custom OP Stack rollup. it's designed to provide maximum CEX-like user experience and high performance while remaining secured by ethereum.

11/13
kinto (@KintoXYZ): a rollup similar to @metal_l2, built to be like a fintech platform. all users and developers must KYC and apps are insured to protect user funds from hacks.

12/13
that's a wrap! have a nice day, buy more $ETH, and check out all those projects if you're interested as well.

13/13

• • •

Missing some Tweet in this thread? You can try to force a refresh
 

Keep Current with Ethereum Intern

Ethereum Intern Profile picture

Stay in touch and get notified when new unrolls are available from this author!

Read all threads

This Thread may be Removed Anytime!

PDF

Twitter may remove this content at anytime! Save it as PDF for later use!

Try unrolling a thread yourself!

how to unroll video
  1. Follow @ThreadReaderApp to mention us!

  2. From a Twitter thread mention us with a keyword "unroll"
@threadreaderapp unroll

Practice here first or read more on our help page!

More from @ethereumintern_

Jul 28
the ethereum smart contract developer is a creature of skill, determination, and coffee. but even that can't build good dapps without tooling.

a bunch of libraries, frameworks, or other tools that may be useful for you as a dev 👇

1/15 Image
tevm: a library built on the viem API allowing local transaction simulation and deeper typescript-solidity integration



2/15tevm.sh
foundry: the best smart contract development framework i've ever used, and likely you also use it too. it's blazing fast and you can write your unit tests, fuzz tests, invariant tests and deployment scripts in solidity!



3/15getfoundry.sh
Read 15 tweets
Jul 27
it's the first onchain perpetual options protocol on ethereum, allowing liquidity providers to hedge their delta and degens to go long or short with high leverage and zero price-based liquidations.

that's right. it's the @GammaSwapLabs thread. 1/10Image
wtf are perpetual options? (feel free to skip this if you aren't interested in the details)

options are contracts that allow you to optionally buy or sell an asset by an expiration date for a certain price. for example, i could buy a "call option" to get the right to buy a certain amount of ETH at a certain strike price.

a perpetual option is an option without an expiration date, which can be held indefinitely.

the key insight of gammaswap is that providing liquidity on uniswap is like the risk of selling options to short volatility, i.e. a perpetual short straddle. these options have no expiration date, so you can provide liquidity forever.

2/10

gammaswap.com/blog/uniswap-a…
so, what is gammaswap?

gammaswap is a permissionless perpetual options protocol. the counterparty/liquidity providers are gammaswap LPs, who can deposit their uniswap LP positions to earn extra yields and at no* additional risk.

*in normal operation

3/10
Read 12 tweets
Jul 24
the defi protocol gigathread, covering 47 protocols.

uniswap, maker, aave, frax, liquity, chainlink, uma, balancer, lido, eigenlayer, rocketpool, pendle, curve, convex, morpho, tornado cash, karak, spark, renzo, reflexer, gearbox...

one post each, basic summary. let's go. 1/49
...velodrome, beefy, ENS, yearn, 1inch, layerzero, across, gains network, gammaswap, safe global, synthetix, TLX, stargate, tokemak, euler, stakeDAO, kelpDAO, altlayer, cowswap, flat money, f(x), dhedge, GMX, kwenta, hai, sablier.

2/49
uniswap: the top DEX on almost every major EVM chain. you don't fuck with @Uniswap. it's an automated market maker that allows people to trade their tokens against a liquidity pool, and allows people to provide liquidity to earn fees.

2/49Image
Read 50 tweets
Jul 20
one of the most important protocols on ethereum and DeFi in general is going to radically change, and most don't even know.

that's right, it's a very basic overview of the @MakerDAO endgame plan. a massive, comprehensive plan.

1/15
why is this only a very basic overview? well, the FIRST POST of rune's complete overview is 12 THOUSAND WORDS LONG and it's unreasonable to ask the average defi degen to read all that

as your intern, to make this post i had to read a lot. you can see all the sources i used at the end of the thread

2/15Image
the goal of the endgame plan is to get maker into an "endgame state", where it is maximally resilient, its structure is ossified and it can function long into the future without changes.

so, let's look over what the endgame plan brings to the table:

3/15
Read 15 tweets
Jul 17
the pectra megafork is coming and you're fading ethereum?

a shallow dive into every upgrade included in pectra, and what it means for ethereum 📚

TL;DR: simpler and faster

1/12 Image
EVM Object Format: a whole set of sweeping changes to the EVM. it will:
- allow optimizers to find better optimizations (reducing gas costs for users)
- remove "stack too deep" errors (devs hate these errors so much it's so damn annoying)
- allow easier JIT compilation, speeding up the EVM more
- overall increased developer experience

2/12
PeerDAS: the next stage of data availability for ethereum. if EIP-4844 gave us this (see chart below), PeerDAS will bring even more throughput to blobs by sharding them across nodes.

EVEN LOWER gas fees for L2s 🔥

3/12Image
Read 12 tweets

Did Thread Reader help you today?

Support us! We are indie developers!


This site is made by just two indie developers on a laptop doing marketing, support and development! Read more about the story.

Become a Premium Member ($3/month or $30/year) and get exclusive features!

Become Premium

Don't want to be a Premium member but still want to support us?

Make a small donation by buying us coffee ($5) or help with server cost ($10)

Donate via Paypal

Or Donate anonymously using crypto!

Ethereum

0xfe58350B80634f60Fa6Dc149a72b4DFbc17D341E copy

Bitcoin

3ATGMxNzCUFzxpMCHL5sWSt4DVtS8UqXpi copy

Thank you for your support!

Follow Us!

:(