Optimism is a non-profit, Ethereum Layer-2 scaling solution developed by the Optimism Foundation. It aims to be a fully decentralized public product, funded entirely by donations and grants, with no profit motive.
The OP token (initial supply: 4,294,967,296; 2% annual inflation) is distributed among the ecosystem fund (25%), public goods funding (20%), user airdrops (19%), core contributors (19%), and investors (17%). Token holders vote on the foundation’s annual allocations after the first year.
Optimism hosts over 35 protocols, including Synthetix (SNX), Uniswap (UNI), and Velodrome (VELO), with a total TVL above $300 million. Users can start by adding Optimism to MetaMask and bridging ETH or other tokens to L2. The platform is built on simplicity, pragmatism, sustainability, and optimism.
Source: CoinMarketCap