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Optimism OP

BUY

£0.0850697

2.03 % (24h)

Marketcap

£180,164,763

Volume 24h

£51,152,777


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Description

Optimism (OP) is a "Layer 2" scaling solution for Ethereum that uses "Optimistic Rollups" to make transactions significantly faster and cheaper while maintaining Ethereum's security. It acts as a more efficient extension of the main network, allowing developers to deploy their dApps with minimal changes and a much better user experience. The OP token is the native governance asset of the "Optimism Collective," a bicameral system that decides how to allocate the protocol's revenue toward public goods. By rewarding creators and developers, Optimism aims to build a sustainable and collaborative future for the decentralized web.