OP(Optimism) Project Analysis
1.Research Institute Short Review
Optimism is one of the most popular projects in the Layer 2 space, with strong backers, a strong technical team, a large ecosystem, and an active community, and is the most important project based on the Optimistic Rollup solution.
2.Recent breakout point
Layer 2
3.Project Introduction
Optimism is the first Ethernet Layer 2 (L2) protocol to develop an Optimistic Rollup solution that is compatible with the Ethernet Virtual Machine (EVM). optimism is parallel to Ethernet and can process transactions at scale while inheriting the security of Ethernet.
4.Token Role
OP is mainly used as a governance pass for the Optimism network, and is officially planned to reward users of on-chain applications with occasional airdrops.
5.Token Allocation
The total initial supply of OP will be 4294967296, and the total supply will be increased at 2% per year
EcoFund allocation 25%
RetroPGF allocation 20%.
19% for core contributors
Investor Allocation 17%
User Airdrop: 19%
6.Investment Institutions
a16z, Paradigm, IDEO and other institutions
7.Project Outlook
The crypto market is currently underperforming, and the possibility of a sustained rise after Optimism goes live in the short term will be relatively low. It is expected that the short-term sell-off will be heavy, so investors should not blindly chase the high. In addition, Optimism recently announced details of its next iteration upgrade Bedrock and described it as the cheapest, fastest, and most advanced Rollup architecture dedicated to a larger goal - Ether equivalence, rather than the previous EVM equivalence. This is considered a very important technical iteration of Optimism technology, the previous waiting period of Optimism is quite criticized, this technology, if it can be realized, will make Optimism appear an explosion of ecological applications, and the token value will be further enhanced, the aftermarket is worth watching.
Basic information
Project Introduction:
Token Name: OP
Project official website: https://www.optimism.io/
Block query:
https://optimistic.etherscan.io/token/0x420000000000000000000000000000000000042
Project Introduction:
Middle: OP is the token of the Optimism Collective that manages the Optimism L2 blockchain. The Optimism Collective is a large-scale experimental governance of digital democracy, designed to drive rapid and sustainable growth of the decentralized ecosystem, and is governed by the newly formed Optimism Foundation. OP manages protocol and network parameter upgrades and creates a continuous incentive system for projects and users in the Optimism ecosystem. Over the next 6 months, 5.4% of the total token supply will be allocated to the Optimism project through governance.
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