Optimism-based projects spike on rumors of token airdrop

Twitter rumors began to swirl earlier today about a token distribution to associated project users. This wanted Optimism published a blog site entry titled “A New Chapter”, which summarized the projects performance considering that its launch in early last year and laid out its future plans.

DeFiLlama reports that the platform holds $496.47 Million in total value locked (TVL), from 30 different projects using it to scale, such as Synthetix( SNX), UniSwap [UNI], Stargate Finance (STG), and Perpetual Protocol.

Notable turning points in the past twelve months include $17.4 Billion worth of deals, $24.5 MILLION in revenue, and $1.1 Billion in gas savings.

” The network has expanded by bounds and leaps and its just progressing every day. Our baby is now able to walk and can run. We are nearing the end a chapter, and the start of the next – one driven by neighborhood ownership.

Rumours are plentiful that L2 will launch a token quickly. Is @optimismPBC it? When in doubt go bridge into Optimism now and support the very best projects – LP in @HopProtocol – LP in @lyrafinance – Stake $SNX – Trade @kwenta_io – Deposit in @PolynomialFi https://t.co/UaXpIAr58A
— DeFi Airdrops (@defi_airdrops) April 13, 2022

Due to reports that Ethereum Layer 2 will quickly launch a token and airdrop it into the community, the native token costs of multiple jobs using Optimisms scaling option have risen by 20%.

Optimism, a Layer 2 scaling service, utilizes positive rollups to process big amounts of deals on the Ethereum blockchain. It claims that clever contracts can be run 5 to 500x more affordable than Ethereums Layer 1 equivalent.

Commenting on the content of the post, “OlimpioCrypto”, a self-described “master Airdrop Hunter” suggested to their 7,164 followers on Twitter that SNX might be a token to view for potential airdrops. Synthetix was very first procedure to deal with Optimism.

Optimisms history so far, as informed by the numbers: Secured $900M in value. Facilitated $17.4 B TX volume. Generated $24.5 M profits. A new chapter is upon us. Lets spend some time to look back at the journey up until now.
— Optimism.io/ amsterdam (@optimismPBC) April 19, 2022

Optimism did not straight point out the launch or airdropping of a native token, observers highlighted the last area of Optimisms post that lays out a brand-new phase in advancement that will be driven through the community.

Similar accounts in “defi_airdrops”, pointed to other popular tasks such as Hop Protocol and Lyra Finance.

” Team at Optimism started dealing with Synthetix previous to any other procedure. If you are a $SNX holder, you may get a treat. They suggested that keeping tokens staked might be the very best play.

Related: Ethereum Merge is a “couple of months later on” June: Dev clears out whats happening

Coingecko data reveals that SYN has actually increased 26.2% to $3.37 and SNX has actually increased 21.5% to $6.18. LYRA acquired 18.4% to $0.24.

Although not all tokens associated with Optimism have actually been pumping, Synapse (SYN), Lyra Finance, (LYRA), and SNX all saw significant increases in worth over the last 24 hours.

Rumours abound that L2 will introduce a token soon. When in doubt go bridge into Optimism now and support the best tasks – LP in @HopProtocol – LP in @lyrafinance – Stake $SNX – Trade @kwenta_io – Deposit in @PolynomialFi https://t.co/UaXpIAr58A

It looks like whales heard of the @optimismPBC governance smth that was being launched. What better method to take part the fun than @synthetix_io environment household! pic.twitter.com/ILLMBZFI1u
— Danijel (@veryHighLander) April 19, 2022
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Optimisms history so far, as informed by the numbers: Secured $900M in value.” Team at Optimism started working with Synthetix previous to any other procedure. They recommended that keeping tokens staked could be the best play.

DeFi Llama shows that Synthetix, which is the largest platform on Optimism, has seen its TVL rise 13.4% in the previous 24 hours to reach roughly $203.3 million. This suggests that investors are hurrying to purchase SNX to be ready for a statement by Optimism.

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