Optimism is a blockchain that uses Optimistic Rollups technology, which reduces the cost of transaction fees tenfold compared to the first level of the Ethereum network. Allows you to easily deploy any smart contracts and decentralized applications written in the Solidity language on the second-level network.

OP news today, Optimism crypto latest news of token ticker

Optimism

✨📣🔴 Governance Update 🔴📣✨

Voting Cycle #1 has officially ended. All Phase 0 governance proposals have PASSED.

This means that ~36mm OP tokens will be released across over 25 unique incentive programs meticulously constructed by projects on Optimism.

Let OP Summer begin! https://t.co/j8BpIFt6iH

Governance Update. Voting Cycle #1 has officially ended. All Phase 0 governance proposals have PASSED.