Home  >  Article  >  What is Optimism Coin? How does Optimism Coin work?

What is Optimism Coin? How does Optimism Coin work?

PHPz
PHPzOriginal
2024-04-10 14:46:23738browse

What is Optimism Coin? How does Optimism Coin work?

Optimism coin is the native token of Optimism’s second-layer expansion solution and is used to pay transaction fees, pledge rewards, and participate in governance.

Optimism Coin: A second-layer expansion solution on Ethereum

Optimism Coin is the native token of the Optimism network. It is a second-layer expansion solution for Ethereum, aiming to improve Ethereum’s Transaction speed and lower transaction fees.

Optimism coins are used to:

  • Pay transaction fees on the Optimism network
  • Stake to receive network security rewards
  • Participate in Optimism governance

The above is the detailed content of What is Optimism Coin? How does Optimism Coin work?. For more information, please follow other related articles on the PHP Chinese website!

Statement:
The content of this article is voluntarily contributed by netizens, and the copyright belongs to the original author. This site does not assume corresponding legal responsibility. If you find any content suspected of plagiarism or infringement, please contact admin@php.cn