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OP MainnetOP

Overview

What is OP Mainnet?
OP Mainnet is an L2 smart contract platform for decentralized applications on Ethereum. OP Mainnet was founded by Jinglan Wang, Karl Floersch & Kevin Ho and launched in 2021.
How does OP Mainnet work?
OP Mainnet batches users' transactions and submits them to Ethereum, paying a share of the transaction fees to Ethereum validators (expense).
Who governs OP Mainnet?
Optimism team & investors own and govern the protocol. Optimism’s investors include Paradigm, a16z, IDEO CoLab Ventures, etc.
ExpenseL1 validators' share of fees$80L1 validatorsRevenueOptimism's share of fees$100Connects L1 validators and users FeesTransaction fees and OP Superchain fee splits$100Users & OP Superchains
The values in this graphic are examples and do not reflect actual values. Treat them as approximations.

On-chain sources