CandleFocus

BOB Becomes First Bitcoin Layer-2 Project to Join Optimism's 'Superchain'

Bitcoin layer-2 project BOB has integrated with the Superchain ecosystem, built on Ethereum layer-2 network Optimism's OP Stack framework. This marks the first time that Optimism's Superchain has added a Bitcoin-native project to its ecosystem. As part of the integration, BOB will receive a grant of $870,000 from the Optimism Foundation. BOB aims to create bridges between Bitcoin and other layer-1 blockchains like Ethereum and become the center of decentralized finance (DeFi). Optimism has previously attracted exchanges Coinbase and Kraken to use its OP Stack for building their own blockchains. While Optimism lags behind rival Arbitrum in terms of total-value locked (TVL), it has over 40 rollup projects with a combined TVL of over $18 billion.

Related News