Optimism [OP] adds this CSR method on its mainnet – the result could…

Canada News News

Optimism [OP] adds this CSR method on its mainnet – the result could…
Canada Latest News,Canada Headlines
  • 📰 CryptoAmb
  • ⏱ Reading Time:
  • 34 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 17%
  • Publisher: 68%

Optimism [OP] adds this CSR method on its mainnet - the result could...

The CSR awards contract creators based on gas fees percentage. With each transaction made on a creator’s smart contract, the developer would get some level of return on their investment. Moreover, CSR’s implementation will be done by creating a new L3 stack chain.

This would help the protocol in many ways. By incentivizing creators, new developers will be attracted to build on the layer-2 solution. This would lead to an increase in new smart contracts on the Optimism protocol. These developments would also attract NFT creators to launch their tokens on Optimism. On that note, at press time, the protocol’s NFT market was not generating enough interest, as indicated by its declining number of NFT trades.The declining numbers caused the number of daily active users on the protocol to decline by 39% over the last month. This impacted the overall revenue generated by Optimism as well, which fell by 26.7% during the same period.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

CryptoAmb /  🏆 22. in CA

Canada Latest News, Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

U.S. Spotlight: Transformational Detroit development; State of the Union highlights; AGC of California optimism survey results - constructconnect.com - Daily Commercial NewsU.S. Spotlight: Transformational Detroit development; State of the Union highlights; AGC of California optimism survey results - constructconnect.com - Daily Commercial NewsThis week the U.S. Spotlight by ConstructConnect’s Daily Commercial News features a transformational downtown Detroit development that has its critics; how Austin hopes it can dodge growing technology layoff threats; U.S. President Joe Biden’s pro-America
Read more »

Jays begin early training camp, keen to make strides after wild-card exit last fallJays begin early training camp, keen to make strides after wild-card exit last fallFeelings of optimism, joy and excitement were ever-present Monday at the Toronto Blue Jays' player development complex as a couple dozen players kicked off spring training ahead of the 2023 season.
Read more »

Surrey Police officer who died at gun range was under breach of trust investigationSurrey Police officer who died at gun range was under breach of trust investigationDilbag “Dylan” Hothi, the suspended Surrey Police Service officer who died at a shooting range on Wednesday, was remembered on Facebook for optimism and kindness.
Read more »

Will ENS’ focus on governance be enough to improve quarterly results?Will ENS’ focus on governance be enough to improve quarterly results?ENS outranks major cryptocurrencies in terms of governance. Whale interest remains high despite the declining token activity. According to recent data, the Ethereum Name Service (ENS) outperformed other major cryptocurrencies in terms of governance activities. Apart from MakerDAO and Optimism, ENS’ governance activity was the highest in the crypto space. The increasing activity on ENS’s […]
Read more »

Surrey Police officer who died at gun range was under breach of trust investigationSurrey Police officer who died at gun range was under breach of trust investigationDilbag “Dylan” Hothi, the suspended Surrey Police Service officer who died at a shooting range on Wednesday, was remembered on Facebook for optimism and kindness.
Read more »

Jays begin early training camp, keen to make strides after wild-card exit last fallJays begin early training camp, keen to make strides after wild-card exit last fallFeelings of optimism, joy and excitement were ever-present Monday at the Toronto Blue Jays' player development complex as a couple dozen players kicked off spring training ahead of the 2023 season.
Read more »



Render Time: 2025-02-28 21:26:29