DAO
A DAO (Decentralized Autonomous Organization) operates as an organizational structure rooted in blockchain technology. It employs smart contracts to facilitate automated operational decisions. In such organizations, the voting rights of each member are typically tied to the number of tokens they possess or their level of contribution, fostering equitable and collective intelligence-driven decision-making.
Rollups represent one of the most popular and effective Ethereum scaling solutions. As a Layer 2 off-chain scaling solution, Rollup bundles thousands of off-chain transactions into batches and sends them to the main blockchain for storage and verification. It greatly improves transaction volume and transaction speed while inheriting the security of Ethereum Mainnet.
ApeCoin is an ERC-20 governance and utility token issued by the ApeCoin DAO, which plays a key role in building the APE ecosystem and cultural economy.
As the leading Ethereum layer 2 scaling solution, Optimism has hosted a series of airdrop events and made its name known to the crypto community. This article will bring you into the world of Optimism.