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Optimism heralds 2nd round of airdrops: PO selling price falls deeply

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Early this morning, the Optimism staff all of a sudden announced the 2nd OP airdrop to the neighborhood. The selling price response of this token is “just like last time”.

Optimism heralds 2nd round of airdrops: PO selling price falls deeply

Those who employed to delegate their voting rights or shell out fuel to trade Level two Optimism obtained the OP token airdrop these days (February ten).

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Today optimism is OP Airdrop #two.

eleven.seven million OPs distributed to in excess of 300,000 special addresses to reward participation in favourable-sum governance and energy end users of Optimism Mainnet.

Read on for facts on eligibility criteria and distribution.https://t.co/lgLMHqli26

— Optimism (✨🔴_🔴✨) (@optimismFND) February 9, 2023

Optimism confirmed, it moved a complete of eleven,742,277.one OP tokens (well worth $28.five million) to 307,965 wallet addresses, rewarding end users based mostly on authorized tokens. At the identical time they are employed to lower element of the fuel charges on the network.

The Multiplier Token Bonus is utilized to specific accounts that have authorized in excess of twenty POs at the time of the snapshot or had 54,367 POs authorized on any provided day. Those who have a historical past of trading on the network for six months or who devote much more than USD twenty in fuel taxes are also eligible for the airdrop.

After the over information, the OP token selling price was constantly in the red, down practically 13% as investors’ revenue-taking move resonated with the general decline of the total marketplace. As of proper now, OP is trading about $two.445.

Binance exchange OP/USDT one-hour chart at 08:55am 02/ten/2023

June 2022 serviced the initially “huge” and turbulent launch from optimism. At that time, mainly because the quote on the exchanges is not synchronized, due to end users claiming tokens in advance and technical difficulties, The selling price of the OP token has fluctuated wildly in the initially 24 hrs considering the fact that its launch.

Even unhappy that the OP had been dumped by the airdrop recipient at the time, some members of the optimism neighborhood proposed “punishing” these who did not act in accordance to the project’s popular goal.

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