Motivation: Why do we develop in this project?
The Tokamak Network has announced plans to launch a layer 2 (L2) protocol based on Optimism in the second quarter of 2023. However, the current infrastructure, including Simple Staking, is not suitable for the L2 environment. Additionally, with competitors such as Arbitrum, Optimism, and Boba Network already in the market, merely creating a layer 2 platform may not be enough to attract users.
To overcome these challenges, Tokamak Layer2 Economics team will provide infrastructure for the Tokamak Network’s L2 environment. So, our team’s plan is to convert the current TON ecosystem to layer2 friendly such as Staking & DAO.
Goals: What do we want to achieve with this project?
- L2 Economics team’s current ultimate goals are implement & publish to public TON Staking V2 and DAO V2.
- After achieving those goals we can make the following contributions:
- Foster organic growth of the Tokamak Network
- Enhance the user experience of the Tokamak Network
- Reinforce the security of the Tokamak Network
- Alleviate the capital inefficiency of staked TON
- To support both v1 & v2 update TON seigniorage distribution model
Expected vs Actual outputs
Service maintenance
Staking V2
FW
L2 Registry
DAO V2
Actual Developments in Q1, 2024 (with links)
- In this quarter L2 Economics team will be working on 5 types of task