“We are approaching the end of one chapter and the beginning of the next, driven by community responsibility and governance,” optimism noted.
Native token prices from several projects using the Ethereum Layer 2 Optimism scaling solution have risen by about 20% amid rumors that the network will launch soon and send the token to the community.

Optimism is a Layer 2 scaling solution that uses optimistic rollups to process a large number of transactions outside of the Ethereum blockchain. The project claims that it can run smart contracts 5 to 500 times cheaper than Ethereum Layer 1.

According to DefiLlama, the platform’s total value locked (TVL) is currently $496.47 million from 30 different projects they use to scale such as Synthetix, UniSwap, Stargate Finance and Perpetual Protocol just to name a few. them.

Rumors of a possible token distribution among users of related projects began circulating on Twitter today after Optimism published a blog post titled “A New Chapter” summarizing the project’s results since its launch early last year and its plans for the future.

The team highlighted significant milestones over the past 12 months, such as $17.4 billion in transaction volume, $24.5 million in revenue, and $1.1 billion in savings on gas bills.

Although Optimism didn’t say anything directly about the launch or giveaway of the native token, viewers highlighted the last section of the post, which describes a new phase of community-driven development:

“The network has grown by leaps and bounds and is getting better every day. Our baby has learned to walk, and soon it will be time for him to run. We are approaching the end of one chapter and the beginning of the next, a chapter driven by community responsibility and governance.”
Commenting on the text of the post, self-proclaimed “master airdrop hunter” OlimpioCrypto suggested to his 7,164 Twitter followers that Synthetix (SNX) could be a token to watch for potential airdrops since Synthetix was the first protocol. Start working with optimism.

“The Optimism team started working with Synthetix before any other protocol. $SNX owners, maybe there’s something delicious for you. It could be a token saving game,” they wrote.

A similar account called “defi_airdrops” also linked to other popular optimism-themed projects such as Hop Protocol, Lyra Finance, and Polynomial Protocol.

See Also: Ethereum Merger ‘Months After’ June: Dev Explains What’s Happening

While not all tokens are associated with optimism, SNX, Lyra Finance (LYRA) and Synapse (SYN) have seen significant gains in value over the 24-hour period.

SYN was up 26.2% to $3.37, SNX was up 21.5% to $6.18, and LYRA was up 18.4% to $0.24, according to data from CoinGecko.

Looking back at DefiLlama, Synthetix — the largest platform for Optimism — is seeing TVL surge 13.4% to roughly $203.3 million in the past 24 hours, suggesting that investors waiting in anticipation of an announcement from Optimism may be in a rush attract SNX. .

Source: CoinTelegraph

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