Money Long, Team Strong

Optimism PBC Blog
Published in
2 min readMar 17, 2022


Laying Strong Foundation

It’s genuinely hard to overstate the excitement brewing at Optimism recently.

After over a year on mainnet, the numbers say it all:

  • Over $1B in gas saved by Optimism users
  • Thousands of contracts deployed
  • Three forks of Optimism’s code on mainnet

A year in crypto is a lifetime, and we’ve spent it relentlessly improving the architecture to provide the best-in-class developer experience, stability, and fee savings. This focus on DevEx now makes us the only EVM equivalent L2, providing full compatibility with all the top Ethereum developer tooling like Hardhat forks, transaction traces, etc.

But it only gets better from here!

A Bright Future

We cut fees by over 30% in the last year and continue to push enhancements to the protocol that slash fees even further.

Calldata compression is just weeks away from going live, and with it up to 40% additional savings. Our next major release, Optimism: Bedrock, will additionally enable theoretically optimal transaction submission costs via Cannon, our next-gen fault proof. On the horizon, we are contributing to EIP4844, which promises to reduce fees by up to 100x.

Sustainable, sub-dollar transactions are no longer a question of if, but when.

More Money, More Jobs

The board is set, and it’s time to take this game to the next level.

We recently completed our series B fundraise — $150 million at a valuation of $1.65 billion — to continue this mission.

Our people are our greatest asset. The Optimism team is already filled to the brim with talent whose big brains are eclipsed only by their even bigger hearts.

We’ve been growing immensely as a team, and are incredibly proud to have amassed such an incredible group of industry leading technical talent. Our ranks include world-class engineers, EIP authors, and founding engineers of many major scaling efforts (Casper, plasma, state channels — even Bitcoin’s Lightning Network).

If you’re a pragmatic trailblazer looking for a team of people who genuinely care about each other, we want to hear from you. Our compensation is competitive and geographically-agnostic, and our benefits are second to none.

We believe in taking care of our teammates, and that includes doing everything we can to give each other the peace of mind required to perform our very best. Crazy, we know, but it’s working. Enough said — view open roles on our job board.