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Optimism (OP) is a Layer 2 scaling solution built on the Ethereum blockchain that aims to enhance transaction speed and reduce costs. By utilizing optimistic rollups, it allows for faster and more efficient processing of transactions while maintaining the security and decentralization of Ethereum.
Switchboard Protocol (SWTCH) is a decentralized finance (DeFi) platform designed to facilitate seamless and secure cross-chain data transfers. By enabling real-time interaction between various blockchain networks, SWTCH enhances the accessibility and utility of decentralized applications (dApps) while improving overall liquidity across ecosystems.