Gas Fee Savior! Layer 2 solution Optimistic Ethereum soft launches, SNX staking in trial.

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Gas Fee Savior! Layer 2 solution Optimistic Ethereum soft launches, SNX staking in trial.

The flourishing DeFi ecosystem of Ethereum has made the high transaction fees (gas fees) unbearable for ordinary small users, casting doubts on the widespread adoption of DeFi. One of the popular Layer 2 solutions, Optimistic Ethereum, aims to address this issue by allowing smart contracts on Ethereum to achieve cost-effective and efficient transaction results through it.

Optimistic Ethereum Soft Launch

Official clarification states that the soft launch is not the official mainnet release, but rather a phase of the testnet to experiment with functionalities in a controlled environment. A public testnet is expected to be available from late February to March. Only after that, there will be an official mainnet launch plan.

SNX Staking Trial on Optimistic Ethereum

Synthetix SNX is currently testing second-layer solutions with Optimistic Ethereum, allowing users to migrate their SNX staking from Ethereum to Optimistic Ethereum. Users participating in the staking trial can earn SNX rewards. For more details on how to participate, please refer to the official guidelines.