What is Optimism Coin? How does Optimism Coin work?

Optimism coin is the native token of Optimism’s second-layer expansion solution and is used to pay transaction fees, pledge rewards, and participate in governance.

Optimism Coin: A second-layer expansion solution on Ethereum

Optimism Coin is the native token of the Optimism network. It is a second-layer expansion solution for Ethereum, aiming to improve Ethereum’s Transaction speed and lower transaction fees.

Optimism coins are used to:

• Pay transaction fees on the Optimism network
• Stake to receive network security rewards
• Participate in Optimism governance

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