$OP breakdown: where the money comes from, where it goes, and what gives it value
【Issuance Mechanism】Launched in 2021 (originally Optimism; airdrop in 2022), with a total supply of 4.29 billion (2% annual inflation allocated to the ecosystem).
【Revenue / Sources of Value】Ethereum Optimistic Rollup (OP Stack / Superchain); value = ETH scaling + sequencer fees.
【Burn Mechanism】Some sequencer fees fund public goods through RetroPGF (not directly burned).
【Essence of the Model】An ETH L2, led by OP Labs and governed by a DAO.
In a nutshell: an ETH L2 “governance + infrastructure token”; bullish = Rollups lead the way, bearish = L2 fee wars + weak utility.
(The above is for educational purposes about the mechanism, not investment advice. DYOR)
【Issuance Mechanism】Launched in 2021 (originally Optimism; airdrop in 2022), with a total supply of 4.29 billion (2% annual inflation allocated to the ecosystem).
【Revenue / Sources of Value】Ethereum Optimistic Rollup (OP Stack / Superchain); value = ETH scaling + sequencer fees.
【Burn Mechanism】Some sequencer fees fund public goods through RetroPGF (not directly burned).
【Essence of the Model】An ETH L2, led by OP Labs and governed by a DAO.
In a nutshell: an ETH L2 “governance + infrastructure token”; bullish = Rollups lead the way, bearish = L2 fee wars + weak utility.
(The above is for educational purposes about the mechanism, not investment advice. DYOR)