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Per Coingecko, OP is the token for the Optimism Collective that governs the Optimism L2 blockchain. The Optimism Collective is a large-scale experiment in digital democratic governance, built to drive rapid and sustainable growth of a decentralized ecosystem, and stewarded by the newly formed Optimism Foundation. OP governs upgrades to the protocol and network parameters, and creates an ongoing system of incentives for projects and users in the Optimism ecosystem. 5.4% of the total token supply will be distributed to projects on Optimism over the next six months via governance. If you're building something in the Ethereum ecosystem, you can consider applying for the grant.
In a recent interview, Pavel Fedotov discussed the creation of the EVM Block Explorer aimed at enhancing financial inclusivity. The explorer serves as a unique interface for blockchain data, consolidating important contracts into a single platform, w...
Kraken Awakens Kraken has been relatively quiet for better part of year since the SEC sued Kraken. Although, in the past few weeks the USA's largest Crypto exchange Kraken has been very busy with updates: Listed newest to oldest. Kraken Launche...
One of the largest cryptocurrency exchange platforms could become decentralized. Fault proof is coming to the mainand base this October 30. With its advances, Base will allow these users to challenge a transaction without third parties. Two major...
I forgot how fun it was to write a Sarcasm Saturday episode, and how my loyal readers were looking forward to the end of the week. The Cryptoverse is often hostile, and Web3 is not always rainbows and butterflies! I forgot the enjoyment of writing fo...
Intent-based systems have become the solution for end-user cross-chain interaction by abstracting away the complexity and time constraints of traditional bridges. State-of-the-art interoperability! Across is the first intents-driven interoperability...
Mode is the Modular DeFi L2 building the Superchain alongside Optimism. The goal of Mode is to empower developers and users to grow an ecosystem of world-class applications and be directly rewarded for their contribution. Why Mode? Because they creat...
We didn't reach episode 7683 yet, as that was only a pub intended to introduce the ERC Universal Standard created by Across and Uniswap! Welcome to Across The Cryptoverse Episode ..... Intent-based systems have become the solution for end-user cross-...
Binance has revealed plans to remove four spot trading pairs as part of an effort to optimize user experience and ensure better market performance. Starting on October 4, 2024, at 03:00 UTC, the following pairs will be delisted: $ACE /FDUSD, $FIL /BN...
Today, we're checking out the exciting world of Layer 2 (L2) blockchains, with a focus on the awesome duo of Arbitrum and Optimism. Let’s take a peek at the comparison table: Both Arbitrum and Optimism have their own cool perks, whether you care mor...
Synthetix is one of those liquidity providers using the blockchain as their infrastructure. So it has gained the popularity over the years. And now they are launching the SnaxChain as a utility for the blockchain and governance. They have recently d...
