Cryptocurrency Q&A What is the native token of Optimism?

What is the native token of Optimism?

AndrewMiller AndrewMiller Sat Sep 21 2024 | 6 answers 1188
Excuse me, but could you please clarify for me what the native token of Optimism is? I've been hearing a lot about this blockchain platform and its potential, but I'm not entirely sure what its native token is or what role it plays within the ecosystem. Could you provide a brief explanation of what the native token of Optimism is and how it's used within the platform? What is the native token of Optimism?

6 answers

TaegeukWarrior TaegeukWarrior Mon Sep 23 2024
Optimism, a Layer-2 network designed to address Ethereum's scalability issues, has introduced OP as its native governance token.

Was this helpful?

108
51
Caterina Caterina Sun Sep 22 2024
Among its services, BTCC provides spot and futures trading, allowing users to buy, sell, and trade a wide variety of digital assets.

Was this helpful?

217
39
Margherita Margherita Sun Sep 22 2024
OP serves as a means for the community to participate in the decision-making process of the Optimism network.

Was this helpful?

151
49
AltcoinAdventurer AltcoinAdventurer Sun Sep 22 2024
By utilizing optimistic rollups, Optimism bundles transactions together, significantly reducing fees on the Ethereum network.

Was this helpful?

395
60
Lorenzo Lorenzo Sun Sep 22 2024
This technology enables faster and more efficient transactions while maintaining the security of the underlying blockchain.

Was this helpful?

207
25
Load 5 more related questions

|Topics at Cryptocurrency Q&A

Get the BTCC app to start your crypto journey

Get started today Scan to join our 100M+ users

The World's Leading Crypto Trading Platform

Get my welcome gifts