#OP

🪙 The OP token is the native cryptocurrency of the Optimism network — a leading Layer 2 scaling solution designed to scale the Ethereum blockchain.

The main goal #Optimism — is to make transactions on the Ethereum network faster and cheaper while maintaining the security of the underlying blockchain.

🎯 The primary purpose of the OP token: Governance

The main function of the OP token is to give its holders voting rights in the Optimism Collective, a decentralized governance system. This system consists of two chambers:

1. Token House: Token holders #OP (or their delegates) vote on technical proposals, protocol upgrades, and changes to network parameters.

2. Citizens' House: This chamber focuses on distributing funding through the Retroactive Public Goods Funding (RetroPGF) program aimed at rewarding projects and developers that benefit the entire ecosystem.

🛠️ Other functions (Utility)

Ecosystem stimulation: OP tokens are used to reward users, developers, and projects that actively participate in the growth and development of the Optimism network.

Payment of fees: Although the main gas fee in the network #Optimism is paid in ETH (as this is an L2 solution for #Ethereum✅ )