Optimistic Rollups can be used to record transactions on the second-layer block and broadcast the roots of the transactions to the first-layer block. 4% of the initial token supply in the fourth year. 10% of the initial token supply is in Year 3. The Foundation's annual OP distribution budget will be decided by token holders after the first year.ġ5% of the initial token supply is in Year 2. ![]() Get Optimism Goerli test ETH from our trusted Optimism faucet Try out the easiest, free Optimism Goerli. The Foundation will get 30% of the initial token supply in the first year. The definitive crypto faucet list for builders. 26% of investors are investorsĪt an inflation rate of 2% a year, the initial token supply is more than 4 million. dockerignore feat (ci): create PR bot 7 months ago. People who help bring the Optimism Collective to reality are the core contributors. 5 days ago tokenomics put token supply in its own directory ( ethereum-optimism286) 2 months ago. The user airdrops are split into a first 5% and subsequent 5%. 20% of public goods funding is retroactive. The governance fund is split between the partner fund and unallocated. Users and community members receive value from project incentives.ĭemand for blockspace is driven by revenue which is distributed to public goods. The value is received by token holders through the re-deployment of revenue. The value is generated for the three constituencies by Optimism. How many Optimism Coins are in circulation? There is an EVM-compatible layer-one blockchain called Avalanche.Īlexandria has the latest trading insights and news. You can check out another layer-two blockchain. A transaction is considered final after that. Transactions can be challenged for a certain period of time, currently seven days. All Ethereum-based assets (ETH, all ERC-20 tokens and NFTs) Bitcoin (BTC) Ethereum Classic (ETC) Optimism (ETH layer 2) Polygon (MATIC) BNB Smart Chain (. Deposit What tokens are available on Optimism 7 months ago Updated Many tokens from Ethereum mainnet already have an Optimism equivalent, but some do not. Blocks are constructed and executed on the L2 while user transactions are submitted to the L1 Transactions are immediately accepted or rejected if the L2 has no mempool. That's why it uses optimistic rollups and uses the consensus mechanism of ether to scale the network. The design process of Optimism is built around the idea of long-term sustainable. Pragmatism is emphasized and is driven by the real-world needs and constraints of its own team and users. When possible, this means using proven code and infrastructure. The minimum number of moving parts is the aim of Optimism. ![]() Optimism is a public good that is not profit-oriented.įour core tenets are what Optimism is designed around. The Optimism Foundation is a nonprofit organization dedicated to growing Optimism. Users can begin their journey on Optimism by adding the chain on their Metamask. The biggest of the 97 protocols is Synthetix, a derivatives exchange. One of the biggest solutions for scaling is optimism with over $500 million in TVL. The security of the mainnet and optimistic rollups help scale the platform. There is a second layer on top of the first.
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