Optimism Announces Third Airdrop of OP Tokens to Boost Community Participation
Optimism, the Layer 2 network, has revealed its plan to distribute the third airdrop of OP tokens to 31,870 qualified addresses. This initiative aims to encourage community engagement within the Optimism Collective DAO. The airdrop will involve the allocation of approximately $26 million worth of OP tokens, equivalent to 19.4 million tokens.
Differentiating from previous airdrops, this third round will not require users to claim their tokens through any website. The tokens will be directly sent to eligible wallets on or shortly after September 15, 2023. Optimism emphasized the importance of avoiding websites claiming to assist with the token claim process.
The Airdrop and Community Engagement
The airdrop commenced on September 18 at 18:10 UTC. The development team stressed the significance of community engagement and delegation in this process. Users who delegated to active voters for participation in the governance criteria would receive x2 bonuses.
The average reward per user was around 600 OP tokens (approximately $840). This announcement gained significant traction on social media platforms.
About Optimism
Optimism is a layer 2 solution designed to enhance Ethereum transaction scalability through the use of Optimistic rollups. By bundling large data into batches, Optimism improves transaction speeds without compromising security.
Eligibility for Airdrop3 Explained
To be eligible for Airdrop3, participants must have delegated at least 180 OP tokens within the period from January 20 to July 20. The rewards issued during the airdrop are calculated based on the duration and number of governance tokens delegated by each participant, ensuring transparency.
Delegates must have also voted on-chain in OP Governance during the snapshot period from January 20 to July 20. Users who delegated to active voters will receive an x2 bonus, capped at 10,000 OP tokens to ensure fair distribution.
It was further revealed that a total of 570 million OP tokens will be distributed in future airdrops.
Hot Take: Optimism’s Airdrop Encourages Community Participation
Optimism’s third airdrop of OP tokens seeks to foster community engagement within the Optimism Collective DAO. By directly distributing tokens to eligible wallets, Optimism ensures a seamless and secure process. The project emphasizes the avoidance of fraudulent websites claiming to assist with token claims.
With bonuses for delegates who actively participate in governance criteria, this airdrop aims to incentivize community involvement. The transparency in calculating rewards based on the duration and number of delegated tokens further promotes fairness.
As Optimism continues its efforts to scale Ethereum transactions through layer 2 solutions, these airdrops play a crucial role in strengthening the community and driving adoption.
Wyatt Newson emerges as a luminary seamlessly interweaving the roles of crypto analyst, dedicated researcher, and editorial virtuoso. Within the dynamic canvas of digital currencies, Wyatt’s insights resonate like vibrant brushstrokes, capturing the attention of curious minds across diverse landscapes. His ability to untangle intricate threads of crypto intricacies harmonizes effortlessly with his editorial mastery, transmuting complexity into a compelling narrative of comprehension. Guiding both seasoned navigators and curious newcomers, Wyatt’s insights serve as a compass for astute decision-making amidst the ever-shifting currents of cryptocurrencies. With the artistry of a linguistic craftsman, they skillfully craft narratives that enrich the evolving tableau of the crypto landscape.
