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OPUSD

OptimismยทSpot
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About OP

Layer 2
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Optimism is a Layer 2 scaling solution for Ethereum that uses optimistic rollups to increase transaction throughput while maintaining security. The OP token serves as the governance token for the Optimism Collective, enabling holders to participate in protocol decisions and upgrades. Optimism operates on the principle of optimistic execution, where transactions are assumed valid unless proven otherwise within a challenge period. The platform aims to create a sustainable ecosystem through retroactive public goods funding and community-driven development. With significantly lower transaction costs compared to Ethereum mainnet, Optimism supports decentralized applications while leveraging Ethereum's security. The network is part of the broader Superchain vision, enabling interoperability between multiple Layer 2 networks.
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