Deploy on L2 Optimism

Summary
I’m proposing to deploy Sushi onto Optimism to bring one of DeFi’s most used AMM protocols to the future of Ethereum.

Motivation
Sushi is one of the most used AMM protocols on L1. Also, uni v3 NFTs ruin yield farming. Sushi can help in this regard perfectly on Optimism and enable easy yield farming. In terms of effort, it should be minimal as Optimism has EVM equivalence with Ethereum L1.

Specification
Optimism is a Layer 2 Optimistic Rollup network designed to utilize the strong security guarantees of Ethereum while reducing its cost and latency. Optimism is EVM equivalent, making the transition from L1 to L2 as seamless as possible. This means one-click deployments and full compatibility with most of the tooling Ethereum developers are accustomed to. It also means that with very few exceptions, existing Solidity smart contracts can run on Optimism exactly how they run on Ethereum. You can read more about EVM Equilvance here:

https://medium.com/ethereum-optimism/introducing-evm-equivalence-5c2021deb306

Optimism is a public goods funding mechanism, and any deployments on Optimism support the funding of open-source public goods. This creates a positive economic feedback loop that funds critical infrastructure and innovation for developers and users alike. Read more about our retroactive public goods funding:

https://www.optimism.io/about

Optimism has support for Gnosis, TheGraph and Chainlink. Metrics:

TVL: $406m →
https://l2beat.com/projects/optimism/

40k ETH in fee savings over the last 30 days →

181k unique addresses since regenesis →
https://optimistic.etherscan.io/chart/address

47.2k active addresses in the last 30 days

Audience:

Twitter 102k →
https://twitter.com/optimismPBC

Discord 16k →

Medium 4.8k →
https://optimismpbc.medium.com

References:

Docs →

Website →

GitHub →

For
Sushi will be deployed on Optimism and open a place for yield farming.

Against
Sushi will not be deployed on Optimism.

Poll

  • YES
  • NO

0 voters

4 Likes

Just a quick note - Optimism recently got a 30% gas reduction. It has the cheapest Optimistic Rollup tx fees, generally 40+% cheaper than Arbitrum.

1 Like

I’ve been using sushi on L1 , but moved over for a big part of my worth to L2 Optimism . As a user I’d love being able to use Sushi it’s apps over there.

Fully support. The l2 is evm compatible too.

Hi! I’m an engineer over at Optimism. I figured I’d hop in this thread and offer to answer any questions or concerns that you might have about the platform.

2 Likes

Arbitrum is better. We should use arbitrum . We should not use optimism . It’s complicated.

arbitrum is better guys