Optimism has launched its OP token airdrop.
Key Takeaways
- Optimism’s OP token is are living.
- A allotment of the OP present has been disbursed to eligible addresses by technique of an Ethereum airdrop, with more airdrops to boom within the future.
- The OP token kinds share of what Optimism is asking “the Optimism Collective,” the community that will govern the blueprint ahead for the Layer 2 network.
It’s the first of several deliberate OP token airdrops.
Optimism Goes Live With Airdrop
Optimism’s OP token is are living on Ethereum.
The Layer 2 scaling network launched its contemporary token after worthy anticipation humdrum Tuesday. As is traditional apply within the crypto ecosystem, Optimism first and essential disbursed OP by technique of an airdrop to a desire out choice of eligible addresses. Early Optimism users were rewarded, along with folks that met diverse criteria equivalent to having veteran bridges to transfer tokens off Ethereum mainnet or donated to Gitcoin within a predicament timeframe.
Early hints of this day’s birth first surfaced when Bybit, MEXC, and diverse exchanges announced plans to begin OP predicament procuring and selling imminently. The Optimism crew also surfaced on Twitter this afternoon to allotment a cryptic message with the community. “sup nerds,” it learn.
Optimism first introduced OP in April when it unveiled “the Optimism Collective.” It outlined that the collective could be an “experiment in digital governance at scale” with OP serving because the Optimism community’s token for governing protocol upgrades, venture incentives, and diverse aspects of the network. Whereas the crew first and essential distributed 5% of the 4.29 billion present to the first airdrop, it promised that there could be “a complete season of airdrops” dipping into an additional 14% of the total present. To this level, it’s yet to speak particulars of to any extent additional airdrops.
Optimism is one in every of several initiatives working to wait on Ethereum scale by constructing out the network’s Layer 2 ecosystem. It achieves this by leveraging Optimistic Rollups, a invent of cryptographic technology that bundles transactions collectively to nick the visitors load on Ethereum mainnet. Along with ZK-Rollups, Optimistic Rollups chanced on in initiatives adore Optimism supply a blueprint to make boom of Ethereum at a increased scoot and decrease place with out sacrificing the Layer 1 network’s security.
OP is predicted to play a significant position within the Layer 2 ecosystem as its holders will in actuality occupy the energy to know how the network’s future will put a query to. Particularly, in a transfer no longer seen in diverse prior Ethereum airdrops, Optimism is also planning to field non-transferable “soulbound” tokens to members of the Optimism Collective. The crew has dubbed OP recipients as members of the “Token Home,” while the soulbound tokens will lumber to members of the forthcoming “Voters’ Home.” Together, these two factions will invent a bicameral plot to manipulate Optimism’s future.
At press time, place recordsdata for Optimism’s OP token changed into once no longer yet on hand.
Disclosure: On the time of writing, the creator of this allotment owned ETH and several diverse cryptocurrencies.
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