πŸš€ Optimism network to Metamask πŸš€.......Using Hop protocol πŸ”₯ | Summary and Q&A

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June 29, 2021
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Drake on Digital
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πŸš€ Optimism network to Metamask πŸš€.......Using Hop protocol πŸ”₯

TL;DR

Learn how to use Hop Exchange to swap between Ethereum and Optimism for lower gas fees.

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Key Insights

  • 🫒 Hop Exchange enables seamless swaps between Ethereum and Optimism for reduced gas fees and faster transactions.
  • πŸ₯Ά Accessing free ETH and USDC on Kovan testnet provides users with test tokens for experimenting with different networks.
  • πŸ‘» Adding Optimism to MetaMask allows for easy fund transfers between Ethereum and Optimism networks.
  • πŸ‘» Utilizing the Quadruple Threat of Celsius, Voyager, BlockFi, and Crypto.com allows users to earn rewards and benefits while supporting the channel.

Transcript

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Questions & Answers

Q: What is Hop Exchange and how does it help with reducing gas fees?

Hop Exchange allows users to swap between Ethereum and Optimism, providing lower gas fees and faster transactions by utilizing layer 2 solutions.

Q: How can one access free ETH and USDC on the Kovan testnet?

Users can access free ETH and USDC on Kovan testnet through the faucet by logging in with GitHub and entering their address to receive free tokens for testing purposes.

Q: How do you add Optimism to MetaMask for transferring funds?

Users can add Optimism to MetaMask by entering the custom RPC network details to connect to the Optimism network, enabling easy transfer of funds between Ethereum and Optimism.

Q: Can users participate in giveaways by sending tokens to the provided address?

Yes, users can participate in giveaways by sending Ethereum to the provided address, which allows them to enter a drawing for a chance to win free BTC and ETH rewards.

Summary & Key Takeaways

  • Explanation of how to use Hop Exchange to swap from Ethereum to Optimism for lower gas fees.

  • Instructions on how to access free ETH and USDC on Kovan testnet.

  • Details on adding Optimism to MetaMask and transferring funds between Ethereum and Optimism.

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