Optimism TVL surpasses $1 billion ahead of The Merge upgrade
Ethereum layer-2- scaling solution Optimism has surpassed $1 billion in total value locked (TVL) which is nearly 300% M/M as The Merge upgrade approaches. Total value locked (TVL) on Optimism, a layer-2 scaling solution for the Ethereum blockchain, has increased 284 percent in the last month, according to data from DefiLlama. Users lending and borrowing […]
TrueFi lending protocol launches on Optimism
Protocol for unsecured lending TrueFi is the newest project to debut on Optimism, Ethereum’s popular layer-2 scaling solution. TrueFi’s lender community will benefit from a speedier and less expensive user experience, as well as exposure to a larger pool of retail lenders, by launching on Optimism. In a written statement, Rafael Cosman, co-founder of TrustToken, […]
Here’s Why Ethereum Founder Supports Non-Token Governance For Optimism (OP)
Vitalik Buterin, the founder of Ethereum, has backed a proposal to change the use of OP tokens from a governance token to a major network token for gas payments. Buterin said in his recent tweets: “This is a great example of why I’m so proud of @optimismPBC for adding non-token governance (the Citizen House). Optimism explicitly has […]
Optimism’s new upgrades to enable ‘one-click’ roll-up deployment
When it comes to layer-two scaling solutions, the competition is heating up, and Optimism has announced roll-up deployments that can be completed in a single click. It is anticipated that Ethereum-native protocols would be able to launch on its network with a single click by the end of October, as stated in a blog post […]