Search results for Optimism Foundation
Crypto
Curve Finance launches Llamalend v2, deploys on Optimism ahead of Ethereum mainnet
DeFi protocol Curve Finance launched Llamalend v2, an upgraded lending infrastructure, on Optimism ahead of an Ethereum mainnet deployment. The new version removes collateral pairing limits that had been restricted to crvUSD pairs and allows most assets, including Curve LP tokens, to be used as collateral and borrowable assets. Curve received a 250,000 OP token grant from the Optimism Foundation, to be distributed over about two months. Mainnet deployment is planned for the second half of this year.
Crypto
Monad hires executives from FalconX, BVNK and Optimism to speed Layer 1 scaling
Monad Foundation has hired three senior executives from Optimism, FalconX and BVNK to accelerate the scaling of its Layer 1 blockchain, Cointelegraph reported. Urvit Goel joined as vice president of market strategy, Joannita Titan as head of institutional growth and Sagar Sarvai as head of Asia-Pacific. Cointelegraph said they have experience at JPMorgan, Deutsche Bank, Anchorage Digital, Fireblocks and Amazon. Monad launched its mainnet in November and sold tokens via Coinbase.
Crypto
Optimism governance approves OP token buyback plan linked to Superchain revenue
Optimism governance approved a buyback plan linking OP tokens directly to Superchain economics, CoinDesk reported on Jan. 28. The proposal passed with 84.4 percent support and OP fell slightly after the decision. Under the plan, the Optimism Foundation will use 50 percent of Superchain sequencer net revenue for 12 months to buy back OP, with the remainder used for ecosystem support and operations.
