Ethereum’s Optimism Scaling Solution Launches OP Airdrop

Dîrok: 19.02.2024

The OP token from Optimism went live on Tuesday, and early adopters of the platform were rewarded through the scheduled airdrop. Additionally, anyone who has used the Optimism blockchain or participated in DAO voting could be eligible. The company distributed OP tokens to a total of 248,699 addresses. The claims interface reportedly faced an overwhelming response, leading to a temporary suspension, and many users missed out on receiving their tokens. Despite this, the token has increased by around 20% since its release. The airdrop was supported by several exchanges, including OKX, which announced their support for the project through tweets. Optimism had revealed plans to launch a DAO in April, alongside the airdrop of tokens. However, they opted for a phased approach to the airdrop campaign. Eligible participants for the first wave included DAO voters, early network users, Gitcoin donors, and active participants in Ethereum dApps.

The organization highlighted that the Optimism Collective project would serve as a large-scale experiment in digital governance. OP will act as the governance token, directing ecosystem upgrades, project incentives, and other essential features.

Contents veşartin

1 User Airdrop Details

2 Overview of Optimism and the Optimism Collective

User Airdrop Details

According to the Optimism Community documentation, 19% of the total OP token supply was allocated for user airdrops. The initial airdrop was set to distribute 5% of the total token supply to individuals who:

+ Actively contributed to their communities.
+ Had been priced out of ETH.
+ Demonstrated positive behavior.

The company initially targeted over 250,000 addresses for the first airdrop but ended up distributing tokens to nearly 249,000 addresses. The aim of this airdrop was to reward Optimism users and attract core Ethereum users.

The remaining 14% of the tokens reserved for airdrops will be distributed over two additional phases, though these tokens are currently held in reserve. The company has not yet disclosed the specific metrics that will be used for these future airdrops, but active participation in the Optimism community will likely improve your chances of receiving tokens.

Overview of Optimism and the Optimism Collective

Optimism is a Layer 2 scaling solution designed to replicate Ethereum’s code. Launched in 2019, it was created to reduce congestion on the main Ethereum network. As a Layer 2 solution, Optimism allows users to transfer ERC-20 tokens between its own network and Ethereum’s main blockchain. This enhances transaction speeds and significantly lowers fees.

With Optimism, Ethereum can expand its decentralized finance (DeFi) sector by providing a more affordable option for those who cannot pay Ethereum’s high transfer fees. However, like many other Layer 2 solutions, Optimism does not have a native cryptocurrency for gas fees, meaning users must own ETH to cover these costs.

The Optimism Collective is a decentralized autonomous organization (DAO) launched in 2022. It aims to reward public goods and ensure Ethereum’s long-term sustainability. As an experiment in digital governance, the collective will be managed jointly by the Token House and the Citizen’s House. Membership in the Citizen’s House will be represented by non-transferable NFTs, preventing plutocratic capture of the project. Voting in the Token House, however, will be based on the number of OP tokens held, and these tokens are freely transferable.

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