According to PANews, Ethereum's Layer 2 network, Optimism, has officially launched 'In Blobs We Trust' NFT on the Superchain platform. The creation of blobs demonstrates the power of collaboration within the Ethereum community. The NFT is now open for minting, with 29 days and 23 hours remaining until the end of the event. The commemorative token was created by nonomnouns, and all minting proceeds will be distributed between the artist and the protocol guild.
In addition, decentralized derivatives protocol Synthetix announced on the same platform that EIP-4844 has been implemented on Optimism, reducing the cost of Synthetix Perps trading fees from $3 to just $0.14. This significant reduction in fees showcases the potential benefits of Ethereum's Layer 2 solutions for the broader crypto ecosystem.