2023-06-06
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.