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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.
Here are the July 2024 monthly Ambassador's contest winners - as usual we are rewarding you in $OP token over Optimism Network! Remember, top ambassadors from each month will be rewarded around the 20th day of next month. Thank you all of you who to...
OP Stack, the modular framework for building Optimistic rollup-powered modular chains, has recently rolled out a bunch of the hottest upgrades. From achieving Stage 1 decentralization with fault proof and stage to lowering transaction costs with Alt-...
As we know, the top selling point for any Layer2 rollup framework (be it for optimistic or zero-knowledge technology) is Ethereum-compatibility along with the ability of L2 chains to settle on Ethereum to inherit its high-staked security, decentraliz...
I am a fan of decentralized finance, along with yield farming and liquidity rewards. I use PoolTogether and Velodrome on the Optimism layer2, as both have a focus towards fair crypto opportunities. It's farming bonanza! Velodrome Finance is a next-g...
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. Mode builds new onchain eco...
You are reading an excerpt from our free but shortened abridged report! While still packed with incredible research and data, for just $40/month you can upgrade to our FULL library of 60+ reports (including this one) and complete industry-leading ana...
Introduction In the evolving landscape of blockchain technology, the Optimism Collective is strategically positioned to enhance Ethereum's scalability through its innovative Superchain network. This initiative underscores a commitment to an open-sour...
Here are the June 2024 monthly Ambassador's contest winners - as usual we are rewarding you in $OP token over Optimism Network! Remember, top ambassadors from each month will be rewarded around the 20th day of next month. Thank you all of you who to...
Yesterday, I made a small shift in my crypto portfolio, swapping 726 Optimism (OP) tokens (earned from Publish0x and airdrops) for Bitcoin (BTC). This decision stems from a reevaluation of my crypto holdings and a deeper dive into tokenomics. While...
Image by Icons8_team from Pixabay Crypto market is a place where there is no risk, no gain so finally I decide to buy even when the price can be down. After thinking a lot I decide not to sitting idle but my trading will be temporary if it will pump...
