Optimism prospects phase three of the OP launch

After a prolonged wait, Optimism layer-two on Ethereum has announced the most up-to-date OP token airdrop occasion for end users actively participating in governance actions.

Optimism prospects the third round of OP launch. Photo: Optimism

Specifically, this is the third OP token airdrop occasion in the background of OP Mainnet (Optimism) considering the fact that the mainnet rollout in June 2022.

In the most up-to-date airdrop, Optimism will distribute 19.four million OPs (around $26.five million) to a lot more than 31,870 legitimate addresses, which contributed to the governance of Optimism Collective. Specifically, individuals who have authorized governance of their OP tokens concerning January twenty and July twenty, 2023 will meet the problems to acquire the airdrop.

Today Optimism announces OP Airdrop #three.

19 million POs assigned to in excess of 31,000 special addresses to reward participation in constructive-sum governance in the Collective.

Read on for facts on eligibility criteria and assignments.

— Optimism (✨🔴_🔴✨) (@optimismFND) September 18, 2023

Furthermore, individuals who delegate tokens to men and women who actively participate in governance actions on Optimism will acquire a bonus of x2.

According to the undertaking announcement, the token airdrop has commenced distributed straight to the user’s wallet considering the fact that dawn on September 19th. Users are not needed to submit any declarations and should really be wary of data claiming otherwise to stay clear of fraud.

The rate of OP token did not fluctuate as well a great deal soon after the announcement of the 3rd round of airdrop.

1h chart of the OP/USDT pair on Binance at 08:05 on September 19, 2023

This is the 2nd time in just a couple of days that Optimism has distributed OP tokens to the neighborhood. Previously, on September sixteen, the undertaking had sent 48 million extra OPs considering the fact that the 1st launch to legitimate addresses but had not nevertheless claimed them.

In complete, Optimism has performed three consumer airdrops so far:

– 1st time (June 2022): launch of 214 million POs, equal to five% of the complete give

– Second time (February 2023): airdrop of eleven.seven million OPs, equal to .27% of the complete provide

– 3rd time (September 2023): airdrop of 19.four million OPs, equal to .45% of the complete provide.

According to tokenomics, Optimism will distribute up to 19% of the complete OP provide to the consumer neighborhood, so there is even now around 13.28% of the complete OP provide of four.29 billion earmarked for potential launches.

Optimism OP token allocation

Optimism is at the moment the top Layer two alternative on Ethereum, with a worth locked (TVL) of $two.48 billion, 2nd only to Arbitrum.

In addition to becoming a layer two alternative for Ethereum, Optimism has also emerged as a basis for a lot of other tasks to create layer two on major by means of the OP Stack toolkit, normally Base. by Coinbase, Zora Network by Zora, DeBank Chain by DeBank, Celo and Ancient8 chain.

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