L2 Planet Issue #19

In this Issue of L2 Planet, we focused on the developments regarding Boba, Canvas, Tusima, Immutable X, and StarkNet Ecosystem.

Oct 08, 2022

Multi-chain L2 King: Boba

Boba Network announced a partnership with Avalanche to bring Layer-2 solutions to Avalanche Network toward Boba’s multi-chain L2 vision.

Currently, the details of the partnership are unclear. Will Boba be a service provider for potential Optimistic Rollup Subnets or will build just its own Optimistic Rollup on top of Avalanche Network? But, according to the announcement, we know that SushiSwap and EvoVerses will be Boba’s launch partner dApps. If you wanna learn more about this partnership, check out the past AMA event.

Boba Network 🧋 x 🔺 @bobanetwork

🔺 #BobaAvax AMA with @bobanetwork and @avalancheavax 🔺 Join the AMA tomorrow to hear more about our strategic partnership with avalanche 🧋x🔺 Tune in to learn about integration to EVM compatibility, and dApps on the ecosystem!

Canvas Connect: DeFi Pooling

Canvas announced the Canvas Connect testnet and planning to launch the mainnet on December 28.

The mission of Canvas Connect is to onboard the next billion people to DeFi. Canvas Connect allows traditional Web2 businesses to easily integrate into DeFi destinations, without having to trust any centralized or off-chain activity. Also, It is easy to integrate with APIs and SDKs. It basically allows users to invest, trade, and transfer without gas fees. Canvas Connect was built by a partnership with Starkware and Fireblocks. It uses zk-STARKs and DeFi Pooling technics for gasless transactions.

For example, a Canvas user wants to trade on Uniswap. StarkEx collects users who want to trade on Uniswap. Pooled users share transaction fees. It will be cheaper than doing the same transaction as an individual on L1. It is exciting to see applications of DeFi Pooling.

Tusima Tesnet is Live

Tusima Network announced its testnet and waiting for users’ feedback.

Users are able to get Tusima DAO SBT (Soul Bound Token) reward when they complete the test. 3 days after the announcement, the team announced maintenance of the Tusima testnet due to high demand. Now, the testnet is back online.

Tusima @TusimaNetwork

🔥We are excited to announce that Tusima Testnet is live now！ When you complete the test, you will be rewarded a TusimaDAO SBT Here is the test guide link.medium.com/fDP0cZxnKtb 🎁MANY EVENTS and REWARDS for #Testnet participants! #zkRollup #Layer2 #privacy #Blockchain #trias

link.medium.comTusima Testnet is live now!We are excited to announce that Tusima Testnet is live now!

Aztec Network

Aztec Network introduced DCA, Dollar Cost Averaging, a new and fully private way to interact with Uniswap on L2.
Aztec Network introduced Noir, a Rust-based DSL (Domain-Specific Language) for creating and verifying zero-knowledge proofs.
Aztec Network made an upgrade to Aztec that removes a layer of trust from the Aztec core team: The subsidy contract.
Aztec Network introduced the idea of the ERC-4626 bridge which allows the integration of the yield protocols easier.

StarkNet Ecosystem

Starkware published an article about upcoming network regenesis. StarkNet will start from a new genesis block with the existing state and will work only with Cairo 1.0.

Users and developers have to take action in the transition period. Users should be prepared to update their wallets during the transition phase and developers should be required to port their contracts to Cairo 1.0. The team aims to migrate to a fully Cairo 1.0-based network by the end of Q1 2023.

Other important news from the StarkNet ecosystem:

Game of Life, GoL2, is now live on StarkNet mainnet.
Cairo King Arena, the first on-chain coding competition for Cairo, has been started. Powered by Dolven Labs and supported by Argent and Starkware.
Arcticium, the fully permissionless and on-chain P2P NFT marketplace, is now live on StarkNet Goerli testnet.
Ramp has announced a partnership with Starkware. Users are able to buy $ETH on StarkNet with their credit carts.
10KSwap, an AMM protocol on StarkNet, has been introduced.
Starkview, an analytics dashboard for StarkNet, beta is live.
Consensys has announced that they expanded their partnership with Starkware.
StarkLink, the very first VRF on StarkNet, is live on StarkNet testnet and mainnet.
Encode Club has announced the Cairo camp, sponsored by Starkware.
Starkscan, A next-generation StarkNet block explorer, has been announced. Powered by Starkware.
Nostra Swap, The most efficient decentralized exchange to swap your stablecoins on StarkNet, has been introduced.
Aspect has introduced its shopping cart feature. Powered by Account Abstraction & Multi-call, buy multiple NFTs at once.
UniStark, the warp’ed version of UniswapV3, has been introduced.

L2 Planet team landed to 📍 Bogota

Our team members, Oguz and Emre will be attending several events in Bogota! If you want to meet with the team and discuss Layer-2 solutions and what L2 Planet is building, our DMs are open.