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Home»Blockchain»Optimism’s Superchain generates over 14,000 ETH in revenue
Blockchain

Optimism’s Superchain generates over 14,000 ETH in revenue

2024-08-28No Comments2 Mins Read
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Layer-two blockchain protocol Optimism (OP) claims its Superchain offers a new, shared approach to scaling that benefits everyone sustainably. The blockchain protocol made the claim via its official X account after outlining the steps to build long-term sustainable economic growth.

🔄The Superchain is pioneering a new, shared approach to scaling in a sustainable way that benefits everyone.

So far, OP Chains’ revenue contributions in the Superchain…

14,000+ ETH and 📈 pic.twitter.com/piWGmXPVXT

— Optimism (@Optimism) August 26, 2024

The team at Optimism stated that the earnings from OP Chains on the Superchain are over 14,000 ETH. The protocol mentioned several OP Chains, such as Base, Zora, World Chain, Metal, Mode, Redstone and OP Mainnet.

Furthermore, Optimism has broken down the steps to economic growth into four key areas: building a chain economy, providing value to builders and users, achieving long-term sustainable economic progress, and integrating DeFi into the chain economy.

Optimism presented these steps while discussing Vitalik Buterin’s thoughts on the types of blockchain applications he would like to see. Buterin believes that such applications should be sustainably useful without compromising blockchain’s core principles of permissionless and decentralization.

Buterin cited some of his references in the decentralized app ecosystem. He considers DEXs an essential part of the technology, noting that he uses them on a weekly basis. The Ethereum co-founder thinks decentralized stablecoins like RAI will play an important role in blockchain adoption, while the poly market remains a smart idea.

The blockchain expert ranked RAI higher than USDC. However, he acknowledged the latter’s popularity among stablecoin users given its convenience. Buterin finds USDC especially useful for international donations because it offers more convenience than banking.

See also  Reddit reveals its BTC and ETH holdings ahead of IPO, details here

According to the Ethereum developer, Buterin’s goal is to make the global economy and society more open and free. He believes that letting people use stablecoins for transactions on the open market is a practical use case everywhere. Buterin thinks using USDC on Ethereum is much better than account-to-account transfers within centralized exchanges.

Disclaimer: The information in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses arising from the use of said content, products or services. Readers are advised to exercise caution before taking any action regarding the company.



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