April 22, 2025
Blockchain

Optimism team dropped a local coin from the air

  • June 1, 2022
  • 0

Optimism developers distributed the native OP token among 232,000 users of the Ethereum L2 scaling solution. After a few hours of work, we were able to stabilize the

Optimism developers distributed the native OP token among 232,000 users of the Ethereum L2 scaling solution.

Airdrop participants received 231,928,234 OP – 5.4% of the original offer. In total, with subsequent rounds, 19% of the 4.29 billion token emissions will be distributed among users.

The team posted a step-by-step video with a guide to getting the OP.

Token holders will be able to transfer their voting rights to a community member or participate in voting independently.

Almost 30 phase 0 proposals have already been created.

In the near future, members of the Optimism “collective” token room will evaluate the distribution of incentives among projects that are already interacting with the solution. If all bids are approved, the developers will receive a total of 36,600,000 OPs (15% of the tokens in the management fund).

In the next phase 1, any project that demonstrates a development plan that uses the OP to stimulate growth will be able to participate. Among them, 85% of all tokens in the management fund will be distributed.

The community will also focus on solving project growth issues such as protocol upgrades and reserve management.

Earlier, the list of Optimism token was announced by OKX, LBank and MEXC trading platforms.

The OP is expected to appear on Binance soon. Due to high network activity, some technical issues arose that caused the listing to be transferred to the platform.

Recall that in May the developers removed 17,000 addresses from the distribution.

Source: Fork Log

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