Optimism(OP) Token Unlock

Optimism will unlock 31.34 million $OP tokens on Aug 31th, constituting approximately 2.64% of the currently circulating supply.

What is Optimism ($OP)?

Optimism is a second layer (L2) scalability solution built on Ethereum, that allows users to perform faster and cheaper transactions on the blockchain. Optimism uses a technique called optimistic rollup, which consists of bundling transactions in batches and executing them on a sidechain, which syncs periodically with the mainchain of Ethereum. Optimism launched in 2021 as a decentralized finance (DeFi) protocol that enables users to access various services and products based on the blockchain.

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