Arbitrum vs Optimism, Liquidation Cascades, Lido's stETH Depeg

Arbitrum and Optimism are the two leading Optimistic rollups for Ethereum.
Optimism initiated incentives with the $OP airdrop, which attracted users to claim their tokens. However, its daily transactions, which were ~500k during the claim period, have tapered off to around 100k daily transactions. Check if you are eligible for the $OP airdrop here. This is not the end of $OP incentives, as only 5% of supply was airdropped, with 14% more allocated to future rounds.
As covered in our previous daily, Arbitrum has just started its 8-week event, Arbitrum Odyssey, to attract users to protocols on Arbitrum. Accumulating 13/16 of the Arbitrum Odyssey NFTs will make you eligible for a bonus NFT at the end of the event. This week, users will need to complete tasks using Yield Protocol and GMX to be eligible for week 2’s NFTs. Keep a lookout on Arbitrum’s Twitter for the eligibility criteria.
The start of Arbitrum Odyssey pushed Arbitrum ahead of Optimism in daily transactions, but the fight is not over as both L2s continue to incentivize users.
For more on L2s, Delphi members can r

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