VIX Integrates with Optimism Network, Lowering Transaction Fees and Enhancing Usability

IconCryptoNewsTerminal Staff08 Aug, 2024

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VIX Integrates with Optimism Network, Lowering Transaction Fees and Enhancing Usability

VIX Announces Support for Optimism Network Blockchain platform VIXCO (VIX) has integrated with the Optimism (OP) network through its official VIX Wallet. This integration greatly reduces VIXCO token transaction fees and improves the platform's overall usability. Enhanced Functionality and Cost Savings By supporting the Optimism network, VIXCO offers users a cost-effective and streamlined experience. Transaction fees on the Optimism network are significantly lower compared to the Ethereum mainnet, enabling users to save on gas costs. Partnership Incentives As part of the partnership, VIXCO will provide 20 million VIX tokens to partner company Finex from the partnership reserve account. These tokens will be used to cover development costs associated with the integration. VIX's Commitment to Innovation This integration demonstrates VIX's commitment to providing users with innovative solutions and enhancing the efficiency of its platform. By leveraging the capabilities of the Optimism network, VIX empowers users to engage in blockchain activities with reduced costs and improved convenience.