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Optimism’s Superchain Generates 14K+ ETH in Revenue

Optimism’s Superchain Generates 14K+ ETH in Revenue

CoineditionCoinedition2024/08/26 16:00
By:Ikemefula Aruogu
  • Optimism claims its Superchain is pioneering a new, shared approach to scaling.
  • Revenue contribution from OP Chains in the Superchain is over 14,000 ETH.
  • There are four steps to sustainable blockchain growth, according to Optimism.

Layer-two blockchain protocol Optimism (OP) asserts that its Superchain offers a new, shared approach to scaling that sustainably benefits everyone. The blockchain protocol made this claim via its official X account after outlining the steps to building sustainable long-term economic growth.

Optimism’s team stated that the revenue generated from OP Chains in the Superchain exceeds 14,000 ETH. The protocol listed several OP Chains, such as Base, Zora, World Chain, Metal, Mode, Redstone, and OP Mainnet.

Additionally, Optimism broke down the steps toward economic growth into four key areas : building an on-chain economy, providing value to builders and users, achieving sustainable long-term on-chain economic progress, and integrating DeFi into the on-chain economy.

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

Buterin cited some of his references in the decentralized apps ecosystem. He sees DEXes as a vital part of the tech, noting that he uses them weekly. The Ethereum co-founder thinks decentralized stablecoins like RAI play significant roles in blockchain adoption, while the polymarket remains a bright 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, offering better convenience than banking.

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

Disclaimer: The information presented 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 incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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