Optimism (OP) Cryptocurrency
Optimism (OP) is a token used in the Optimism ecosystem, specifically on the Optimism L2 blockchain. It is designed to govern the protocol and network parameters, as well as provide incentives for projects and users within the ecosystem. OP is issued and managed by the Optimism Foundation, a newly formed organization responsible for the stewardship of the Optimism Collective.
The Optimism Collective is a pioneering experiment in digital democratic governance. It aims to facilitate the rapid and sustainable growth of a decentralized ecosystem. The collective is committed to fostering innovation and collaboration within the Optimism ecosystem.
- Symbol: OP
- Name: Optimism
- Asset Platform: Optimistic Ethereum
- Market Cap Rank: 42
- Price Change (30 days): +42%
OP is primarily used for governing upgrades to the Optimism L2 blockchain and determining network parameters. Additionally, it creates incentive mechanisms for projects and users within the Optimism ecosystem. The Optimism Foundation plans to distribute 5.4% of the total token supply to projects on Optimism over the next six months through governance. Developers building within the Ethereum ecosystem can also consider applying for grants from the Optimism Foundation.
For more information about Optimism and its governance, you can visit their official website.
Optimism (OP) is listed on several exchanges, including:
- WOO X
- Coinbase Exchange
- Crypto.com Exchange
- Velodrome Finance v2
- Uniswap V3 (Optimism)
- AscendEX (BitMax)
- Binance US
- Velodrome Finance
- Sushiswap V3 (Optimism)
- Byte Exchange
- Beethoven X (Optimism)
- LCX Exchange
Frequently Asked Questions (FAQ)
What is the purpose of Optimism (OP) token?
The OP token is used for governing upgrades to the Optimism L2 blockchain, determining network parameters, and providing incentives for projects and users within the Optimism ecosystem.
How can projects receive OP tokens?
The Optimism Foundation plans to distribute 5.4% of the total token supply to projects on Optimism over the next six months through governance. Project developers can apply for grants from the foundation.
Where can I find more information about Optimism?
You can visit the official website of Optimism at https://app.optimism.io/governance for more information about the project and its governance.