Open Source Observer provides free analytics to assess the impact of open source software contributions on ecosystem health, focusing on the Superchain. It aims to demonstrate the value of these contributions by offering visibility and verifiable proof. Operating without formal governance or a native token, the project has garnered support through grants, including a Builders Grant from Optimism and recognition at an Optimism hackathon. Following its spinout from Protocol Labs in 2023, the team established Kariba Labs to continue development independently.
Angle is a decentralized, over-collateralized stablecoin protocol designed to issue stablecoins like EURA (€) and USDA ($), backed by diversified reserves. It features modules for borrowing, price stability, and savings, ensuring liquidity, resilience, and yield opportunities for stablecoin holders. Governed by a DAO through veANGLE, the protocol supports cross-chain liquidity and open development.
Glo Dollar is a fiat-backed stablecoin designed to combat extreme poverty by donating all its interest earnings to provide basic income for those in need. Overseen by the Glo Foundation's governance council, it ensures security with hardware wallets and succession plans. The unique AutoPGF model directs reserve yields to public goods and charities. Glo Dollar raised $2 million from Sytse Sijbrandij.
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