Congratulations on the successful Ethereum Dencun upgrade.
Following this, Optimism will undergo a network upgrade at the block height of 1,710,374,401 (expected on March 14, 2024, at 00:00 UTC), while Arbitrum (including Arbitrum Nova and Arbitrum One) is set for a network upgrade at 09:00 UTC on the same day.
Both Optimism and Arbitrum will capitalize on these upgrades to maximize the cost optimization benefits introduced by the Ethereum Dencun upgrade.
Gas fees for transfers and trades on these networks are expected to drop significantly, ranging from 50% to 98.75%. For instance, Optimism's gas fees are projected to decrease from 0.0001 ETH to 0.00000125 ETH. The exact reduction percentage will vary depending on individual network circumstances.
imToken will support the upgrades of these layer 2s. During the upgrade period, it's advisable to refrain from conducting transactions.
Learn more:
- Optimism network upgrade: https://docs.optimism.io/builders/notices/ecotone-changes
- Arbitrum network upgrade: https://docs.arbitrum.io/node-running/reference/arbos-software-releases/arbos20
- General tutorials, using Optimism as an example: https://support.token.im/hc/en-us/articles/4591339788057
If you encounter any issues, you can contact us by clicking "Support and Feedback" within the app.
imToken Team
2024.03.13 SGT