Explore the Optimism Ecosystem

Steakwallet allows you to dive deep into the world of Optimism...

Last updated on February 16, 2022

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Steakwallet allows you to dive deep into the world of Optimism. The Optimism Explore center is your window into the Optimism ecosystem – it's the place where you can interact with your favorite dApps, explore new opportunities, and check in on the latest, as we showcase the hottest projects and alternative opportunities across the Optimism network.

 

Optimism is a rollup scaling solution that allows users to submit transactions on the Ethereum network and get them executed faster for a much lower gas cost. This is called a Layer 2 (L2) solution, where users typically have the same addresses as they do on the Ethereum blockchain (L1). There are gateways that allow messages and assets to be transferred between the universes. On L1 Ethereum, thousands of nodes run transactions to verify that the proposed block that includes it is valid, which is an expensive process and leads to high fees. Optimistic roll ups provide faster and cheaper transactions and the smart contract has only two tasks – deposits and withdrawals and verifying proofs of transactions on chain. This makes the process more efficient and a lot cheaper.

 

FAQs

How do you send Optimism tokens into Steakwallet?

Steakwallet supports the management of Optimism tokens. To send assets into your Steakwallet, navigate to the home screen and click on the asset you want to send. Please note, if the token you want to manage is not yet on your home screen, you must manually add it by [INSTRUCTIONS]. Once you select the token and are taken to that token screen, click Receive to access your wallet address. Next, select Copy address, or alternatively use the QR code to scan your wallet address, and send your tokens over from an exchange, another wallet, or wherever they are held. Congratulations, you're now using the best mobile wallet to manage your tokens! 🤝

How do you send Optimism tokens out of Steakwallet?

If you need to send assets out of Steakwallet, navigate to that token screen and click on Send. Input the amount you would like to send (you can view the amount either in the native asset or in your preferred fiat currency) and select Next. If the transfer is subject to fees, note the network fee and total balance of the transaction. Next, input the Recipient address.

Please make sure that you are sending the funds to the correct wallet address. If you mistakingly send your funds to the wrong address or to a different network, you may lose all amounts sent.

Input a Memo if need be or you so desire, and then click Next. You'll be taken to a final confirmation screen and presented with an overview of the transaction. If all of the information looks correct, hit Send. That's it!

 

Check out what’s new in the world of Optimism on Steakwallet

 

Support

If you have need support or have questions for us, you can reach out to support@steakwallet.fi or join our Discord (and send a shout in our #support channel) to immediately connect with team members.

 

 
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