In a vote that ended on Friday, the Celo (CELO) community passed the proposal to leverage Optimism's OP stack for its Layer 2 migration to Ethereum.
65 Celo addresses voted for the proposal to use Optimism's OP stack for its Layer 2 transition. The move would see Celo become part of the broader Ethereum ecosystem. Celo and Optimism are down more than 5% since the vote was passed. In a vote that ended on Friday, the Celo community passed the proposal to leverage Optimism's OP stack for its Layer 2 migration to Ethereum.
Read more:Optimism OP struggles to gain momentum despite alleged $90 million OP purchase by a16z According to cLabs, the decision to choose the OP stack for Celo's transition is because it meets their needs in three specific categories: time to production, Ethereum alignment, and positive-um growth. Celo had earlier announced its intentions to transition into an Ethereum L2 in July 2023 using the OP stack.
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