The Optimism Foundation and Kraken have announced a groundbreaking 25 million OP token deal, equivalent to $43 million, to integrate Kraken's new layer-2 (L2) blockchain, Ink, into the Superchain ecosystem.
This collaboration hints at the untapped potential of the OP Stack and its promising role in the evolving blockchain landscape.
Grant Structure and Goals
✅ 5 Million OP Tokens: Dedicated to engineering efforts for the OP Stack. ✅ 20 Million OP Tokens: Allocated for achieving transaction milestones aimed at generating significant fees for the OP Collective.
The grant is designed to fund Kraken's protocol engineering while incentivizing substantial transaction achievements. The deal aims to ensure positive returns by driving fees to the Optimism Collective.
Bullish for Optimism 🚀
Key Features of the OP Stack
✅Modular Design: The OP Stack is built with a modular architecture, allowing developers to customize and optimize their blockchain applications according to specific needs. This flexibility supports a wide range of blockchain types, not limited to rollups or optimistic models.
✅Interoperability: One of the standout features of the OP Stack is its ability to facilitate seamless communication between different blockchains within the Superchain. This interoperability is crucial for creating a cohesive ecosystem where various L2 solutions can operate harmoniously
✅Scalability: The OP Stack is engineered to support high scalability, making it suitable for applications that require rapid transaction processing and low latency. This is achieved through innovative data utilization techniques and efficient batch processing.
Role in the Optimism Superchain
The OP Stack is the backbone of the Optimism Superchain, a proposed network of L2s that share a common security and communication framework. This setup not only enhances the security of individual blockchains but also ensures that they can communicate effectively, thereby maximizing the utility and reach of the entire network
