L2s offer brand name DeFi protocols a chance to increase users and assets.

The Optimism Collective votes on Mission Proposals aligned with its goals for Season 4.

"[ARFC] Gas Rebate for Recognized Delegates is a proposal to officially implement the gas rebate program.

Lido is a leading liquid staking provider solution for Ethereum and other Proof of Stake blockchains such as Polygon. Lido’s protocol allows users to add their native token (such as ETH or Matic) to a staking pool and earn returns without managing a validator by themselves or needing to individually supply the minimum staking amount required by protocols (Ethereum’s minimum is 32 ETH). Lido’s staking service is critical to the security of Ethereum’s consensus mechanism, as over 30% of all staked ETH is done so through Lido’s service. LidoDAO, which is governed by holders of the LDO token, manages the protocol as well as the use of the service fees collected by the protocol.

Written by Tyler Whirty

Aave is one of the most popular lending and borrowing protocols (aka “liquidity protocols”) within the decentralized finance (DeFi) space, allowing users to borrow cryptocurrency by putting down another cryptocurrency as collateral or to loan cryptocurrency while earning passive income on their committed funds. In order to remain operational while still making money, Aave DAO must consistently manage its risk by adjusting certain risk parameters.

Written by Chase Jeter (@0xdididoitright)

Uniswap, the leading decentralized exchange on Ethereum, has long embraced the idea of deploying on many chains. Bringing Uniswap’s advantages — fast transactions and low fees among them — to the wide world of other chains is almost universally seen as a net good. Uniswap v3 already exists on Arbitrum, Celo, Optimism, and Polygon, and there are others under consideration.

The 1inch Network describes itself as providing “one-stop access to decentralized finance.” The network itself is a collection of protocols, the first of which was a DEX aggregator that “searches deals across multiple liquidity sources, offering users better rates than any individual exchange.” The network also includes an Aggregator Protocol, a Liquidity Protocol, and a Limit Order Protocol — as well as its own wallet. The 1inch DAO governs the network, and “all participants in the DAO are working towards a common goal: 1inch Network protocols and the 1INCH token to be completely decentralized, owned and governed by the DAO.” The DAO’s governance process, originally based on that of Balancer and Gnosis, is adapting to the needs of the DAO, as we see with the proposal at hand.