Optimism token launch ($OP) with more than 230.000 wallets owned

Optimism tokens will soon be traded on centralized exchanges such as OKX, LBank, MEXC, and AAX. However, the announcements of listing $OP are not uniform, while Optimism has not yet made a formal announcement.

Optimism has a bridge that connects Ethereum mainnet to its Layer 2 network. Since launching in 2021, the network has welcomed key DeFi projects like Synthetix and Uniswap. In establishing a token, Optimism will be adopting a decentralized governance model akin to many other similar DeFi projects on Ethereum. 

Last month, Optimism unveiled a new governance structure supported by its tokens. The initial supply will be distributed through a retrospective airdrop to users including early Optimism adopters as well as Ethereum active participants, such as multi-signature wallet signers, DAO voters, and GITCOIN sponsors. snapshot airdrop’s recipient address was snapshoted on March 25.

According to the initial announcement, 248,000 addresses were allocated 214 million OP tokens (5% of the 4.29 billion supplies), with the average eligible address pocketing 860 $OP tokens. Later, however, 17,000 addresses were excluded, reducing the total expected number of wallets to 231,000.

$OP raised $150M in a March round led by Paradigm, a $1.65 billion project.

DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

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