Optimism Announces a $26 Million OP Token Airdrop for DAO Participants!

Creator: Mustafa Mulla

Mustafa has been writing about Blockchain and crypto since a few years. He has earlier buying and selling expertise and has been working within the Fintech business since 2017.

Sep 19, 2023 12:50

Optimism, a layer 2 community constructed on the Ethereum community, has introduced its third OP token airdrop, value $26 million, to 31,870 addresses that participated in delegation actions of its DAO, the Optimism Collective. The rewards had been primarily based on the variety of tokens delegated by a consumer and the period for which they had been held. A minimal threshold of 18,000 items was set, and to make sure a good distribution, rewards had been capped at 10,000 OP tokens for every handle. The airdrop was geared toward rising engagement on the platform and rewarding consumer participation.