@weboftrust

I was once highly optimistic about the Optimism project. focus on scaling Ethereum + dedication to supporting public goods were compelling, and their DAO continues to be one of the best in the market. Initially, there were very few L2s. But now, we now have more than ten protocols fighting for the same liquidity, and in this environment, I see Optimism beginning to lag behind its competitors. couple of hurdle - - Superchain Concept: The Superchain initiative sounds good conceptually, but without interoperability, it simply adds no value and creates an endless loop of bridging. - Lack of Native Applications: The ecosystem suffers from a lack of compelling native applications. Declining Metrics - - Stablecoin supply is decreasing. - Chain revenue has dropped by approximately 70% over the last year. https://www.growthepie.com/fundamentals/fees-paid-by-users/optimism

0 reply

0 recast

0 reaction