[{"data":1,"prerenderedAt":163},["ShallowReactive",2],{"navigation":3,"chain-optimism":31},[4,22],{"title":5,"path":6,"stem":7,"children":8,"page":21},"Introduction","/docs/introduction","1.docs/2.introduction",[9,13,17],{"title":10,"path":11,"stem":12},"Why","/docs/introduction/why","1.docs/2.introduction/1.why",{"title":14,"path":15,"stem":16},"Blockchain as solution?","/docs/introduction/blockchain-as-solution","1.docs/2.introduction/2.blockchain-as-solution",{"title":18,"path":19,"stem":20},"What's the Solution?","/docs/introduction/wag3s-as-solution","1.docs/2.introduction/3.wag3s-as-solution",false,{"title":23,"path":24,"stem":25,"children":26,"page":21},"Api Documentation","/docs/api-documentation","1.docs/3.api-documentation",[27],{"title":28,"path":29,"stem":30},"getting started","/docs/api-documentation/api","1.docs/3.api-documentation/1.api",{"id":32,"title":33,"body":34,"chain":129,"considerations":130,"coverage":134,"description":35,"extension":144,"faq":145,"hero":149,"meta":150,"navigation":151,"path":152,"related":153,"seo":158,"stem":159,"summary":51,"transactionTypes":160,"__hash__":162},"chains/chains/optimism.yml","Optimism Crypto Accounting & Tax — OP Stack & Superchain",{"title":33,"description":35,"seo":36,"chain":39,"hero":48,"summary":51,"coverage":52,"transactionTypes":79,"considerations":92,"faq":102,"related":112},"Native subledger for Optimism — sequencer revenue, OP token allocations, RetroPGF flows, Superchain interop, and Bedrock-era transaction patterns.",{"title":37,"description":38},"Optimism Crypto Accounting & Tax — Wag3s OP Stack Coverage","How Wag3s handles Optimism accounting — sequencer revenue, OP token unlocks, RetroPGF distributions, Bedrock fee structure, and Superchain interop.",{"name":40,"slug":41,"type":42,"ecosystem":43,"consensus":44,"nativeToken":45,"explorer":46,"supportedSince":47},"Optimism","optimism","L2","Ethereum","Optimistic rollup (Bedrock)","ETH","https://optimistic.etherscan.io","2024",{"eyebrow":40,"title":49,"subtitle":50},"OP Stack accounting — sequencer revenue, RetroPGF, Superchain","Optimism is more than a single chain — it's the OP Stack underneath Base, World Chain, Mode, Zora, and a growing Superchain. We cover the settlement layer and the ecosystem that built on it.","Optimism's accounting story has two layers. The chain itself behaves like Arbitrum on most flows — same EVM, same 7-day optimistic withdrawal window, same gas-fee structure. What's different is the OP Stack ecosystem: Base, World Chain, Mode, Zora, and downstream Superchain members all settle to or coordinate with Optimism. Treasuries holding OP, RetroPGF recipients receiving distributions, builders of OP-Stack chains earning sequencer revenue — each has its own accounting requirement. Wag3s tracks the chain and the ecosystem.\n",{"title":53,"items":54},"What's tracked on Optimism",[55,58,61,64,67,70,73,76],{"label":56,"description":57},"Native ETH transfers on L2","With Bedrock-era fee structure (L1 data fee + L2 execution fee broken out).",{"label":59,"description":60},"ERC-20 transfers","OP, USDC, USDT, SNX, VELO, AERO, and the long tail of Optimism DeFi tokens.",{"label":62,"description":63},"L1 ↔ L2 bridge events","Standard 7-day optimistic withdrawal tracking with intermediate state surface.",{"label":65,"description":66},"Sequencer revenue","Protocols receiving sequencer fee distributions (Optimism Foundation, downstream operators).",{"label":68,"description":69},"OP token allocations","Airdrops (rounds 1–6), RetroPGF distributions, foundation grants, vesting tracking.",{"label":71,"description":72},"RetroPGF distributions","For projects receiving Retroactive Public Goods Funding rounds — booked as ordinary income.",{"label":74,"description":75},"Velodrome / Aerodrome positions","ve(3,3) tokenomics, lock-and-vote flows, bribe receipts.",{"label":77,"description":78},"Superchain bridge events","OP ↔ Base ↔ Mode ↔ Zora interop transactions across the Superchain.",{"title":80,"items":81},"Common Optimism transaction patterns",[82,83,84,85,86,87,88,89,90,91],"L1 → L2 deposit","L2 → L1 withdrawal (7-day window)","Velodrome / Aerodrome swap","veVELO / veAERO lock","Bribe receipt (RetroPGF or vote-incentive)","OP token airdrop claim","RetroPGF round distribution","Synthetix staking / minting / burning","Superchain bridge (OP ↔ Base, OP ↔ Zora)","Sequencer batch fee receipt",[93,96,99],{"title":94,"body":95},"Bedrock changed the fee structure","Pre-Bedrock Optimism charged a single fee that included L1 and L2 components. Post-Bedrock (June 2023), the L1 data fee and L2 execution fee are separable. Wag3s tracks them independently — useful for treasuries that need to attribute L1 settlement cost separately from execution cost.",{"title":97,"body":98},"RetroPGF is recurring income, not a one-off airdrop","Projects receiving RetroPGF distributions across multiple rounds need that booked as ordinary income on each receipt date, with fair-value at the OP price on the distribution date. We tag RetroPGF receipts and book them accordingly.",{"title":100,"body":101},"Superchain interop complicates the audit trail","A transaction that originates on Base, crosses to Optimism, and lands on Zora needs to be reconciled across three wallets on three chains. We follow the message and reconcile the funds end-to-end.",[103,106,109],{"question":104,"answer":105},"How does Wag3s handle OP airdrop tax treatment?","OP airdrops are ordinary income on receipt at fair-value. We book each airdrop tranche at the OP price on the claim date. For multi-round airdrops (the Optimism six rounds, RetroPGF four rounds at time of writing), each round is a separate income event with its own basis for any later sale.",{"question":107,"answer":108},"Does Wag3s track ve(3,3) lock positions?","Yes — Velodrome and Aerodrome ve-locks are tracked as illiquid positions with the lock-end date and underlying voting power. Lock fees are tracked separately, and bribes / vote incentives received are booked as ordinary income. Unlock and re-lock events are decoded.",{"question":110,"answer":111},"Can we reconcile Optimism and Base in the same workspace?","Yes. Base settles to Ethereum and is part of the Superchain — it shows up in the same Wag3s workspace, with bridge events between Optimism and Base reconciled across both wallets.",[113,117,121,125],{"to":114,"title":115,"description":116},"/chains/ethereum","Ethereum mainnet coverage","Settlement layer for the OP Stack.",{"to":118,"title":119,"description":120},"/chains/base","Base coverage","Coinbase L2, also OP Stack.",{"to":122,"title":123,"description":124},"/chains/arbitrum","Arbitrum coverage","The other large optimistic rollup.",{"to":126,"title":127,"description":128},"/blog/l2-accounting-arbitrum-optimism-base","L2 accounting — Arbitrum, Optimism, Base","How the three large L2s compare for treasury reporting.",{"name":40,"slug":41,"type":42,"ecosystem":43,"consensus":44,"nativeToken":45,"explorer":46,"supportedSince":47},[131,132,133],{"title":94,"body":95},{"title":97,"body":98},{"title":100,"body":101},{"title":53,"items":135},[136,137,138,139,140,141,142,143],{"label":56,"description":57},{"label":59,"description":60},{"label":62,"description":63},{"label":65,"description":66},{"label":68,"description":69},{"label":71,"description":72},{"label":74,"description":75},{"label":77,"description":78},"yml",[146,147,148],{"question":104,"answer":105},{"question":107,"answer":108},{"question":110,"answer":111},{"eyebrow":40,"title":49,"subtitle":50},{},true,"/chains/optimism",[154,155,156,157],{"to":114,"title":115,"description":116},{"to":118,"title":119,"description":120},{"to":122,"title":123,"description":124},{"to":126,"title":127,"description":128},{"title":37,"description":38},"chains/optimism",{"title":80,"items":161},[82,83,84,85,86,87,88,89,90,91],"AQnaBWHEZQ7Ld3MXomokO4c6Zq8Y7VOoDjwGnbpoiu8",1778407988893]