Optimism Rises, Tribe Accelerator, & NFT Credit Markets

Chart of The Day: Optimism Prepares for $OP

• AIRDROP ALERT! Optimism has just announced the release of $OP and will be airdropping tokens to Optimism users. See here to see if you’re eligible for the drop.
• An ongoing rumor has been circulating regarding the release $OP fueled by this recent thread alongside a Coinbase listing tease of $OP. It is likely we will see $OP be listed on various tier 1 exchanges once the token becomes available.
• Launching a token before its closest competitor—Arbitrum—Optimism’s $OP could provide a first-mover advantage. Optimism can utilize its tokens to incentivize protocol yields to attract TVL across all chains. It looks like Arbitrum will be facing fierce competition for its TVL soon.
• Furthermore, Synthetix, an OG DeFi protocol on Optimism has been earning good yields for its stakers as protocol transaction fees are increasing. This has helped push $SNX prices upwards as more users mint synthetic assets with their $SNX stake.
• Metis seems to have lost steam after its run-up from the launch of Hermes, a Solidly fork on Metis. Additionally, Agora DeFi, Metis’ native money market platform, underwent an attack. The attacker drained