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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.
26 Nov 2024 1 minute read 0 comments Myxoplixx
The crypto market reveals a stark divide between traders and gamblers, a distinction that often means the difference between sustainable success and devastating failure. While both groups operate in the same arena, their approaches couldn't be more...
26 Nov 2024 2 minute read 3 comments PVM
The core idea behind PoolTogether is to incentivize saving while offering users a chance to win large prizes! I embraced this unique concept long time ago, and enjoyed the sun, waves and rewards through the waves of volatility!Ā My DeFi mentality is...
25 Nov 2024 2 minute read 0 comments 0xJonnyDee
Token unlocks release tokens previously restricted under fundraising agreements. Projects strategically schedule these releases to minimize market pressure and prevent token price declines. Here are three major token unlocks to keep an eye on this we...
25 Nov 2024 5 minute read 0 comments MakeItReal
Hello HODLers! Over the past week, Optimism (OP) has experienced a remarkable surge, with its price increasing by 43.40%. Technical indicators such as the Average Directional Index (ADX) and Exponential Moving Averages (EMAs) signal that the bullish...
17 Nov 2024 2 minute read 1 comment PVM
Optimism is a Layer-2 scaling solution that derives itsās name from its underlying technology, the Optimistic Rollup. The Optimism Network brings fast and cheap, while maintaining the primary security of the Ethereum network. Basically Optimism is sc...
14 Nov 2024 4 minute read 0 comments Pillar
We are welcoming you to our weekly digest! Here, we discuss the latest trends and advancements in account abstraction, chain abstraction and everything related, as well as bring some insights from Etherspotās kitchen. The latest news we'll cover: E...
13 Nov 2024 2 minute read 4 comments PVM
It's time to unify Ethereum with intents and ERC-7683, Uniswap and Across ! The Web3 UX is broken! Fragmented ecosystems and complex cross-chain transactions lead to high abandonment rates and bad user experiences. Uniswap Labs has been a DeFi pionee...
12 Nov 2024 2 minute read 0 comments Pillar
With the introduction ofĀ ERC-4337, the Ethereum ecosystem has taken a major step towards enhancing the Web3 user experience through Account Abstraction. This approach, which aims to simplify interactions with the blockchain, introduced new entities c...
9 Nov 2024 2 minute read 7 comments Myxoplixx
I can feel it in the air, that banana zone, that J-curve, the stair steps to heaven, lambos on the moon, rocket ships... you get the picture. We have increased adoption of crypto, we have a growing popularity of decentralized finance (DeFi), we have...
8 Nov 2024 5 minute read 0 comments MakeItReal
Hello HODLers! Ā Optimism technology is becoming a key player in the Layer-2 blockchain ecosystem for Ethereum, attracting major participants in the crypto space. This development solidifies Optimismās role as a leader in enhancing Ethereumās transac...
