Bitfinex to Checklist OP, Native Token of Optimism Blockchain

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Bitfinex to Checklist OP, Native Token of Optimism Blockchain

ROAD TOWN, British Virgin Islands – July 25, 2023 – Bitfinex (www.bitfinex.com/), a state-of-the-art digital token buying and selling platform, introduced as we speak that will probably be itemizing OP, the native token of Optimism, a decentralised, Ethereum-based layer-2 blockchain that permits scalable good contracts and instantaneous transactions.

In-built response to rising transaction charges on Ethereum, the Optimism community is an optimistic rollup that’s designed to maneuver transaction information at a sooner price whereas sustaining its stability and safety. By making certain sooner transactions with decrease fuel charges for customers, Optimism has develop into a preferred alternative by builders to come back and construct dApps inside its ecosystem. 

As of as we speak, the Optimism ecosystem is dwelling to over 90 protocols, together with Uniswap, a decentralized cryptocurrency trade, Velodrome, an automatic market maker, and Synthetix, a derivatives trade. Since its launch in 2021, the Optimism Community experiences that it has deployed greater than 7,000 good contracts and on-boarded over 300K distinctive addresses. At present, in accordance with DeFiLlama, the Optimism Community has ~$840 million in TVL.

OP, the native utility token of the Optimism blockchain, is primarily used for governance to determine the course of the blockchain’s future. With a complete provide of ~4.2 billion and a present circulating provide of ~314 million, OP’s present market cap is ~$785 million, in accordance with CoinMarketCap.

“At the same time as one of many newer Ethereum initiatives within the ecosystem, Optimism has been shortly making its mark with its emphasis on velocity, scalability, sustainability, and stability on the Ethereum community,” stated Henry Little one, Head of Tokens at Bitfinex. “Subsequently, we’re thrilled so as to add OP to our trade’s appreciable and various checklist of obtainable tokens.”

Bitfinex will open deposits for OP on July 25 at roughly 12PM UTC. Buying and selling of OP will start on July 27 at roughly 10AM UTC, in buying and selling pairs towards the US Greenback (USD) and Tether tokens (USDt).

To acquire entry to OP on Bitfinex, prospects can go to https://www.bitfinex.com/.

*All customers of www.bitfinex.com are topic to Bitfinex’s phrases of service (“TOS”). Please observe that U.S. individuals (as outlined within the TOS), amongst different prohibited individuals (as outlined within the TOS), are strictly prohibited from straight or not directly holding, proudly owning or working an Account (as outlined within the TOS) on www.bitfinex.com. 

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About Bitfinex

Based in 2012, Bitfinex is a digital token buying and selling platform providing state-of-the-art companies for merchants and world liquidity suppliers. Along with a collection of superior buying and selling options and charting instruments, Bitfinex gives entry to peer-to-peer financing, an OTC market and margin buying and selling for a wide array of digital tokens. Bitfinex’s technique focuses on offering unparalleled assist, instruments, and innovation for skilled merchants and liquidity suppliers world wide. Go to www.bitfinex.com to study extra.

Media contact for Bitfinex

[email protected]

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