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REGULATION
by
2 years ago

Optimism Bedrock Upgrade Reduce Gas Fees By 47% And Confirm Transaction 90% Faster

2023-06-06

REGULATION
by
2 years ago


Optimism is a layer 2 scaling solution for Ethereum. It focuses on scalability.

 Optimism Bedrock

Bedrock is a major upgrade for Optimism.

üIt reduces gas fees by 47%.

üConfirm transactions 90% faster.

üIncrease network security.

 

 Optimism is the 3rd largest layer 2 by TVL. 

1. Arbitrum has $2.25 billion TVL.

2. Polygon has $994 million TVL.

3. Optimism has $865 million TVL.

 Benefits of Optimism

ü Increase the number of transactions on Ethereum blockchain.

ü Reduce gas fees for Ethereum users.

 


 

OP Token Analysis

How to generate 5X to 10X return from trading OP tokens?

-OP token has a max supply of 4,294,967,296 tokens with 2% yearly inflation. 

-Optimism fair price is $2 billion at a fully diluted market cap. If you can buy OP tokens at $2 billion fully diluted market cap, you can generate 5X-10X returns in the next bull market. 

-Current Optimism’s fully diluted market cap is $5.9 billion. OP tokens are trading above the fair price.

-Regularly checking OP token’s chart if the price is below $2 billion fully diluted market cap, you should consider accumulating OP tokens or do further research on OP tokens. 

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