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Uniswap Shakes Up the Crypto Market with a New L2 Blockchain
Uniswap, the decentralized exchange, has revealed its proprietary L2 blockchain, Unichain, developed using the OP Stack from Optimism. According to the development team, this initiative is part of a strategy to enhance Ethereum’s scalability, leading to a major increase in payment efficiency. Sony Launches Ethereum L2 Soneium
Sony Block Solutions Labs, a collaborative venture between Sony Group and Startale, announced the launch of a new public L2 blockchain named Soneium, built on Optimism's OP Stack. This blockchain will be a part of the Superchain ecosystem. The testnet is set to be released in the upcoming days, with Sota Watanabe leading the project. 
Missed the first airdrop from Optimism? No worries!
The Optimism Governance has announced a direct distribution of unclaimed tokens from the inaugural airdrop. They aim to distribute (if not already done) 48 million OP across over 88,000 distinct addresses. This accounts for about 25% of all the addresses originally qualified to receive tokens. This decision was made to allow the team to shift their focus to other endeavors related to smart contracts and upcoming airdrops. Coinbase's blockchain surpasses L2 titans
Base, engineered on OP Stack as a second layer network, has managed to surpass Arbitrum and Optimism in the number of daily transactions this week. Data from The Block highlighted that on August 15, Base's moving average reached 610,000 transactions, while the counts for Arbitrum and Optimism stood at 576,000 and 597,000, respectively. Although Optimism currently holds a slight lead, overall, the networks are closely competing. Is the Shiba Inu craze still going on?
LunarCrush, the data analytics company, has reported that the most frequent search on their platform is now the SHIB token, overtaking Optimism (OP) and Worldcoin (WLD) which landed in the second and third spots respectively.
Notably, this "meme token" has shown a surge in its overall social engagement by 20% and has held a strong social dominance of 4.8% in the past 24 hours. Celo Advances Toward Ethereum Migration
The Celo Foundation, the entity behind the L1 blockchain Celo, has successfully launched the Dango L2 testnet. Developed on the OP stack, Dango is now part of the Optimism Superchain ecosystem, which includes other projects like Base and Zora. The deployment of this L2 blockchain is a key component of the community's plan for migration to Ethereum. 
Optimism Announces $3.3 Billion in Grant Initiatives
Optimism, an L2 blockchain platform, has announced a $3.3 billion grant program in OP tokens (850 million tokens) aimed at backing projects, developers, and influencers who are creating valuable products and demonstrating their utility to the community. The grant distribution is set to occur over four rounds, from May 2024 to the year's end. OP Labs Introduces a Fault-Proof System on OP Goerli
OP Labs, backing the Optimism network, launched a testnet version of its novel fault-proof system aimed at bolstering both efficiency and decentralization. At present, OP Stack employs centralized sequencers to bundle and send transactions to Ethereum. However, this method prohibits users from challenging the process in case of fraudulent transactions. Optimism Launched 3rd Round of its Airdrop
However, it's not tied to quests... Layer 2 blockchain Optimism initiated its third wave of token distribution exclusively for OP delegators. To qualify for the rewards, participants needed to accumulate 18,000 points. The points were calculated by multiplying the number of delegated OP by the delegation days, which must exceed 7 days. If the delegate actively engaged in voting, a minimum of 9,000 points was required. There's no claiming process or forms to fill out! Tokens have been automatically sent straight to users' wallets. In total, over 19 million OP tokens have been distributed to 31,870 unique addresses. 
DeBank's testnet welcomes DeBank Chain launch
DeBank has introduced a new Layer-2 solution based on OP Stack for user experimentation. It's now live for testing, and the mainnet is slated for 2024.
According to an official briefing, developers have accomplished cost reductions ranging from 100 to 400 times for specific transactions, all the while targeting gas expenditure.
Besides, to fortify user defense and trim L1 data leaks, transactions will be signed with a specially devised second-tier private key. Optimism Rebranded As OP Mainnet
In a strategic move to align with its vision of building a network of interconnected Layer 2 blockchains, Optimism has rebranded itself as OP Mainnet. The name change signifies the distinction between the core blockchain infrastructure and the encompassing ethos of “Optimism.”