Hey folks! Urv Goel here – I lead Business Development for Optimism. Optimism is on a mission to empower builders to create an internet that benefits all. We are committed to supporting Aave bringing GHO to our ecosystem.
Summary
OP Mainnet is built with the OP Stack, a modular and open-source architecture that enables the deployment of highly scalable and cost-efficient Ethereum Layer 2 solutions. Over 40% of Ethereum Layer 2 networks leverage Optimism’s code, making it one of the most widely rigorously tested development stacks by industry veterans such as Worldcoin, Base, and more. This proven technology provides a robust foundation for the successful deployment of GHO.
The Optimism network is governed by the Optimism Collective and follows the principles of the Laws of Chains framework. This framework prioritizes the welfare of all stakeholders, ensuring fair and transparent decision-making processes.
Relationship with Aave ecosystem
The Optimism Collective has been a long-time partner of the Aave ecosystem. We have collaborated on several initiatives with the Aave DAO and protocol, such as liquidity mining on OP Mainnet, collateral proposals, and more. The OP Mainnet ecosystem has driven significant liquidity to the Aave Protocol on our network through liquidity mining, integrations, and proposals to safely raise caps.
Opportunities
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Establishing GHO as a Leading Decentralized Stablecoin: Stablecoins continue to grow on OP Mainnet, yet OP Mainnet lacks a prominent decentralized stablecoin. By deploying on OP Mainnet, GHO has a unique opportunity to position itself as a leading decentralized stablecoin in our thriving DeFI ecosystem. Deploying on OP mainnet supports GHO’s expansion goals by providing an entry point into the entire Superchain ecosystem.
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Wide Range of Integrations: Optimism boasts a wide range of integrations with innovative DeFi primitives across the Superchain. We are keen to assist GHO’s growth and seamless integration with many of these primitives, including but not limited to
- DEXes across the Superchain (e.g Velodrome / Aerodrome, Curve, Uniswap etc)
- Derivatives protocols (e.g Synthetix)
- Yield platforms (e.g Yearn, dHedge, etc)
- Other forms of collateral on relevant platforms
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Incentives: The Aave DAO can access incentives on a few different levels for the growth of GHO:
- Retroactive Public Goods Funding: Potential allocations for Aave’s forthcoming contributions to the Superchain ecosystem. This is a treasury of 850m OP that is earmarked for the purposes of rewarding growth across the Superchain
- Foundation Grants: The Aave DAO can apply for OP on the Optimism governance cycles. These grants would be compatible with the goals of GHO’s growth plans
- Growth campaigns: The Optimism Collective will be running several campaigns similar to We <3 the Art in other verticals including DeFi. For relevant marketing initiatives, GHO will have the opportunity to partner and benefit from the visibility around these campaigns
Our team is committed to helping the Aave ecosystem continue to grow with GHO and various other initiatives across the Superchain. We look forward to strengthening our partnership and unlocking new opportunities together.