Optimism distributes $39 million worth of OP tokens in airdrop

The Ethereum Layer 2 network team, Optimism, will distribute 10.3 million OP tokens (~$39.2 million) among 22,998 unique addresses.

This marks the fourth airdrop, aimed at rewarding NFT creators both within the project’s ecosystem chains like Base or Zora, as well as on the Ethereum mainnet.

Every great society needs artists, and creative contributions play a vital role in shaping the story of the Optimism Collective: over 200,000 addresses have created NFT collections on the Superchain.

The snapshot for distribution was taken on January 10, 2024. The primary criterion for receiving tokens was the popularity of created NFTs, measured by the gas spent on transactions with the asset over the year.

Rewards were also given to creators of early collections (before January 1, 2023) and active network users after November 11. All qualifying scores were aggregated. Token claims can be submitted until January 13, 2025.

The first airdrop was conducted by the Optimism team on May 31, 2022, followed by distributions on February 9, 2023, and then on September 18.

Developers reminded that OP token holders can participate in project governance through the Optimism Collective DAO.

According to plans, Optimism still has about 560 million tokens remaining for future distributions.

 

Over the last day, the price of OP has dropped by almost 2%. At the time of writing, the asset is trading at $3.7, according to TradingView. Quotations are approximately 10% below the historical high recorded in January. 

Source: TradingView

Recall that in September, Optimism distributed 48 million OP ($67.2 million at the time), which were not claimed during the first airdrop.

 

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