There was a surge in demand for Optimism post its announcement for a multi-phase airdrop program. The governance token’s trading value went as high as $4.57 during its first air drop but then was subjected to volatile market conditions and airdrop dumpers. An Optimism (OP) token has also appeared on a crypto price tracking service on the Coinbase website Layer 2 solutions are an integral part of Ethereum’s scaling prospects, as they provide significantly faster and cheaper transactions to users while still benefiting from the security of the Ethereum mainnet. As per CoinMarketCap, OP token’s current value stands at $1.22, with a gain of worth five percent. OP token is the native cryptocurrency of Optimism giving holders the ability to participate in the network’s multi-tiered governance system,” 1inch stated. “3,782 wallets have been selected for the airdrop. On the basis of information by Cointelegraph, the exchange aggregator has said about making equal distribution of 300,000 OP tokens among its active wallets and regular users on Optimism with the use of a Merkle drop.
Optimism token free#
Buyer beware.Decentralised exchange aggregator 1inch is providing rewards to users in the form of free tokens for their participation on Optimism, which refers to the organisation’s initiative to further incentivise activity on the Ethereum layer-2 scaling solution, as reported by Cointelegraph. The Optimism team is bootstrapping growth by just dumping huge amounts of governance token into the market as incentives. You can participate in the growth and development of this city through governance. Phase 1 already closed as well with even more protocols getting millions in grants and phase 2 will close in a couple days. The remaining of the 20 protocols to begin incentives shortly but with no announced start date. Pooltogether to begin OP incentives on Monday Velodrome received 3m OP tokens, will airdrop 750k next week and incentivize lp of around 30k OP a week Thales market began OP LP incentives last Friday, will expand program this week and next week Abstract Structural equation modeling was used to test hypotheses about (a) the dimensionality of measures of dispositional hope (the Adult Hope Scale. Perpetual Protocol to begin incentivizing lp with OP grant Monday. The protocol is currently secured with 317,665,208 worth of Aave tokens.Learn more. The token was listed on June 1, at a price of 1.485, and has fallen since. Perpetual Protocol will have a 1.8 million OP drop to its users Monday Optimism is currently priced at 1.20, with a 24-hour trading volume of 218 million.
Optimism was founded by Jinglan Wang, Karl Floersch & Kevin Ho and launched in 2021. The first round of foundation grants went out last week to about 20 protocols who applied for “phase 0 grants” and these grants will start being used as incentives for many protocols beginning Monday. Optimism is an L2 smart contract platform for decentralized applications on Ethereum. If it works on Ethereum, it works on Optimism at a fraction of the cost. Built as a minimal extension to existing Ethereum software, Optimism’s EVM-equivalent architecture scales your Ethereum apps without surprises. Over the course of the next year, the number of circulating tokens will increase to over 2 billion through a combination of foundation grants and additional drops. Optimism is a fast, stable, and scalable L2 blockchain built by Ethereum developers, for Ethereum developers. OP is designed for use in the Token House, which is a part of the governance system for the Optimism Layer-2 platform.
Optimism is an Ethereum (ETH) scaling solution based on optimistic rollup technology. Optimism launches token and announces airdrop. The lowest price since it's ATH was 0.827191 (cycle low). Optimism reached its highest price on when it was trading at its all-time high of 2.21. The OP price increased 0.30 in the last 24 hours.
The token was launched last Tuesday (31) and after some high load issues, the first token airdrop is also live. Optimism price today is 0.841690 with a 24-hour trading volume of 66.13M, market cap of 0.00, and market dominance of 0.00. Optimism has been receiving some buzz recently (including going up nearly 30% the last day, right now trading at 60 cents), but this is a warning that their token (which is a governance token with no other utility) will begin experiencing 1000% inflation soon.Ī couple months ago, the token was launched with a drop of 200 million tokens. The OP governance token from the Optimism layer 2 network is active.
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