Optimism L2 on Ethereum can reduce gas fees by99%
To understand Layer 2, we start with Layer 1. The Layer 1 network of the Uniswap Protocol is the Ethereum blockchain. All trades and liquidity transactions are processed by the Ethereum network and stored in the Ethereum blockchain. The Ethereum network is only able to handle a certain level of transactions each day.
As demand for Ethereum has grown, more people have begun bidding for the right to process a transaction on Ethereum. As a result, the cost to process your transaction has increased - sometimes costing hundreds of US Dollars.
A Layer 2 is a second network or blockchain built on top of the Layer 1 Ethereum blockchain while preserving the security and decentralization guarantees of Ethereum.
https://help.uniswap.org/en/articles/5406355-what-is-a-layer-2
https://gateway.optimism.io/
https://help.uniswap.org/en/articles/5391401-uniswap-on-optimistic-ethereum
To understand Layer 2, we start with Layer 1. The Layer 1 network of the Uniswap Protocol is the Ethereum blockchain. All trades and liquidity transactions are processed by the Ethereum network and stored in the Ethereum blockchain. The Ethereum network is only able to handle a certain level of transactions each day.
As demand for Ethereum has grown, more people have begun bidding for the right to process a transaction on Ethereum. As a result, the cost to process your transaction has increased - sometimes costing hundreds of US Dollars.
A Layer 2 is a second network or blockchain built on top of the Layer 1 Ethereum blockchain while preserving the security and decentralization guarantees of Ethereum.
https://help.uniswap.org/en/articles/5406355-what-is-a-layer-2
How to deposit tokens to Optimistic Ethereum
https://help.uniswap.org/en/articles/5392809-how-to-deposit-tokens-to-optimistic-ethereumhttps://gateway.optimism.io/
Uniswap on Optimistic Ethereum
Explore Optimistic Integrations
https://www.optimism.io/apps/dappshttps://help.uniswap.org/en/articles/5391401-uniswap-on-optimistic-ethereum
