We’re thrilled to share some exciting news! On May 8th, 2024, we were officially approved for a 30k OP grant from the Optimism Collective during Governance Season 5, Voting Cycle 25. This grant will enable us to build an innovative yield-sharing stablecoin for approved Optimism grantees.

Our project aims to create a collaborative union of obUSD minters who can proactively fund approved builder grantees within the Optimism ecosystem. We believe that combining proactive funding with retroactive funding mechanisms will amplify the impact across the network, empowering builders to push boundaries and drive meaningful progress.

Building on the Superchain is always an exciting and rewarding journey. We’re committed to keeping you updated as we reach key milestones and make strides toward our vision. To foster transparency and collaboration, we’ll be sharing bi-weekly obUSD grant progress updates and internal discussions every Tuesday of the week. You can find these updates on Mirror and across our social media channels.

Stay connected! Follow us on X (@optimisticUSD) or Farcaster for the latest updates and explore our open-source work on GitHub.

For a deeper dive, check out our full grant proposal and join us in shaping the future of the Optimism ecosystem. Let’s build a more inclusive, impactful, and optimistic Superchain together!

Ready to contribute or learn more? Follow us on our social media pages, engage with our updates, and join the conversation. Together, we can create powerful tools that drive change and innovation within the Optimism Collective!

Note:* All tokens have temporarily been delegated to 0xRRussel (Governance researcher and Breadchain core member* view delegate profile.

Maintained and developed by Breadchain core