The token price of several projects using the Ethereum Layer 2 scaling solution “Optimism” has increased by about 20% amid rumors that the network will soon be launching the tokens and will airdrop them out to the community.
Optimism is a Layer 2 scaling solution that uses Optimistic rollups to process large volumes of transactions from the Ethereum blockchain. The project says it can process smart contracts 5 to 500 times cheaper than Ethereum’s Layer 1.
According to DeFiLlama, the platform currently represents $496.47 million of total lock value (TVL) across 30 different projects. such as Synthetix (SNX), UniSwap (UNI), Stargate Finance (STG) and Perpetual Protocol
Rumors of token distribution to users of related projects It started spreading on Twitter after Optimism. publishA blog post titled “A New Chapter,” which outlines the project’s performance since it launched earlier this year. along with future plans
The team highlighted significant milestones over the past 12 months, such as $17.4 billion in transaction volume, $24.5 million in revenue, and $1.1 billion in GAS fee savings.
And what caused the speculation that the team was preparing to launch the tokens was in the last part of the post. It outlines the next steps of community-driven development:
“The network has grown by leaps and bounds. And it’s getting better every day. Our baby is learning to walk. and it’s almost time to run We’re nearing the end of the chapter. and the beginning of the next chapter This will be driven by community ownership and governance.”
Twitter user “master airdrop hunter”recommendLet their 7,164 Twitter followers know that SNX could be a token to watch for potential airdrops, as Synthetix was the first protocol to start working with.
“Team at Optimism started working with Synthetix before any other protocol, $SNX holders may have prizes, keeping tokens might win.”
User name “defi_airdrops” has pointed to other popular projects such as the Hop Protocol, Lyra Finance and Polynomial Protocol.
Synthetix, the largest platform in Optimism, has seen a 13.4% increase in TVL over the past 24 hours. It came in at $203.3 million, indicating that investors may rush to stake the SNX tokens in anticipation of the good news from Optimism.