Ethereum Bulletin #8

Optimism Airdrop 1 is available to claim, Liquid Staking, Coinbase supporting OP token on Optimism network,Zig-Zag labs launched

Ethereum Bulletin #8


Optimism Airdrop 1 is available to claim

Optimism is a Layer 2 scaling solution for Ethereum that can support all of Ethereum's Dapps. Instead of running all computation and data on the Ethereum network, Optimism puts all transaction data on-chain and runs computation off-chain, increasing Ethereum's transactions per second and decreasing transaction fees.

The very first airdrop of Optimism will be given to its early adopters and active users, there is a list of criterias satisfying any one of which makes you eligible for claiming the drop .

The whole list and specifications about the drop are givenhere.

If you want to check the status of the claimed - unclaimed tokens you can check here - Dune Analytics a dashboard made by @hildobby.eth

Optimism has burnt more than 200 ETH in total and paid 1.6% of the revenue to Ethereum

After the Airdrop went live Optimism more than 120 ETH by OVM canonical transaction chain , 68 ETH by Optimism Gateway and 42 ETH by OVM state commitment chain (at the time of writing ) had already been burnt .

Optimism alone has paid more than 1.6% of all fee revenue paid on Ethereum yesterday which in fiat money is thousands of dollars of ETH burned in just a couple hours of Optimism Airdrop Claims started.

Liquid Staking is the talk of the town

Liquid staking is the act of delegating your tokens to a service that stakes for you without losing access to your funds. These services are provided by platforms such as Lido ,Swell Network etc . These are called Liquid Staking Derivatives (LSD) . Lido is one of the LSDs which is widely accepted in the market which is not where the Ethereum roots belong so you should consider other competitors before choosing a staking platform. Swell Network has given the reasons to use their platform in the following tweet .

Coinbase now supports deposits and withdrawals for Optimism (OP) on the Optimism network only

Trading began on May 31. Once sufficient supply of this asset is established trading on their OP-USD, OP-USDT trading pairs will launch in phases. Support for OP may be restricted in some supported jurisdictions.

Client diversity on eth2 by Coinbase

Coinbase in their recent tweet has explained what steps they have taken to make themselves the most diversified staking pools .

Zig-Zag labs - a project based on ZK ecosystem is launched

ZigZag Labs is launched to support the vital projects for the ZK ecosystem that are manufactured with the coordination of a wide range of developers, designers, researchers and other contributors. Their main aim is to make interacting with blockchains easier for a non tech savvy person . For example- An order book DEX that emulates existing centralised exchanges perfectly, with spot/perpetuals trading, while also remaining non-custodial and no-sign ups?

Learn more about this first in the game project in the tweet.

## Read more

Read more about Ethereum in previous Bulletins -Ethereum Bulletin

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