Browsing:OP

2 weeks ago 1 min read

Optimism Surprises 31,000+ Users with $26 Million Airdrop

Optimism, a Layer 2 network nestled atop Ethereum, has once again delighted its community with a generous airdrop. On this occasion, they’ve allocated $26 million worth of OP tokens to 31,870 addresses that are actively engaged in their DAO, known as the Optimism Collective. This latest airdrop is part of Optimism’s ongoing efforts to boost user engagement on their Layer 2 network while simultaneously rewarding their dedicated participants. The average reward for lucky recipients was 600 OP tokens, equivalent to around $840. However, the actual reward amount varied depending on specific criteria determined by the Optimism team. For those unfamiliar,

3 months ago 1 min read

Optimism Network Transactions Skyrocketed by 67% After Bedrock Upgrade

The Optimism network, a layer 2 solution for Ethereum, experienced a significant surge in transactions following its recent “Bedrock” upgrade. According to a Twitter thread by blockchain analytics firm Nansen, transactions on the network increased by 67% since the upgrade on June 7. The Bedrock upgrade was designed to improve the network’s security while reducing deposit times and fees. It also included a number of other features, such as support for more tokens and improved scalability. The upgrade has been well-received by users, with many praising the reduced fees and faster deposit times. The surge in transactions has also been