Thread by @Coin98Insights

1/ Optimism ignites the L2 trend after a massive airdrop

The ecosystem is moving at warp speed w/ 110+ apps
Here's a thread 🧵 to break it down

#optimism #layer2

2/ What will be covered:

• Optimism 🔴
• Investors
• Its ecosystem
• The Airdrop
• Predictions

3/ Optimism is a Layer 2 solution on Ethereum that features 3 main points:

1. Inherits Ethereum's security
2. Uses Optimistic Rollup as the core
3. Optimistic Virtual Machine (OVM) facilitates Ethereum-based projects to run on Optimism

4/ Some notable numbers:

• 6.5M+ transactions processed
• $1B+ saved gas fees
• 350K+ unique addresses
• 110+ integrated dApps

5/ Raised $178M after 3 investment rounds from high-profile investors

• 2020: $3.5M seed round led by Paradigm & IDEO Colab
• February 2021: $25M Series A led by a16z
• March 2022: $150M Series B led by Paradigm & a16z
Optimism is at a $1.65B valuation 👀

6/ Optimism Ecosystem at WARP SPEED w/ $680M+ in TVL 🐝

110+ dApps have been integrated with Optimism since last-year official launch

Some projects by categories:
• Top-cap DeFi: Uniswap, Curve, Perpetual, Aave, etc.
• Bridge: Synapse, Celer, Hop, Optimism Bridge, etc.

7/
• Oracle/Tool: Chainlink, The Graph, Dune Analytics, Etherscan, etc.
• Tracker: Nansen, Zapper, DeBank, etc.
• Wallet: MetaMask, Coinbase Wallet, Trust Wallet, etc.
@coin98_wallet also supports creating Optimism wallets

8/ Optimism Collective and the recent airdrop
Optimism endeavors to scale Ethereum and its network with The Collective - a digital democratic governance.
It announced the token airdrop (5% of total supply) for eligible users. More will come in the future.

https://twitter.com/optimismPBC/status/1519001562345005057

9/ Some predictions

• Adoption from top DeFi protocols to bootstrap liquidity
• Optimism-native protocols are overlooked, they need more eyeballs
• Smart money will come to Optimism besides Paradigm & a16z
• L2 is getting hot as zkSync, Arbitrum, StarkNet... are rolling out

10/ Explore more about Optimism via these articles on our website

What is Optimism?
➔ coin98.net/what-is-optimi…

Optimism Ecosystem Digest
➔ coin98.net/optimism-ecosy…

11/
If you're eager to learn how to hunt retroactive/airdrops (like Optimism’s) effectively, another thread on this is coming 👀

More threads on L2s to come, stay tuned!