Layer 2 network Optimism recently embarked on a third airdrop of OP tokens, aimed at fostering higher levels of community participation. This digital shower brought about 19.4 million OP tokens, equivalent to roughly $26 million, cascading down to more than 31,000 wallets involved in the latest round of its DAO or Optimism Collective’s delegation activity.
In their announcement via the platform X (formerly known as Twitter), Optimism pointed out some improvements to this latest airdrop compared to previous ones, namely that there would be no claims page this time around—a precautionary measure designed to protect users from potentially fraudulent websites masquerading as distribution hubs.
The onus was placed squarely on community involvement and delegation when the airdrop was set into motion on a Monday evening at 18:10 UTC. As an added incentive to participate in governance, it was disclosed that users who delegated to active voters would receive a double bonus.
Transaction-bundling layer 2 offering Optimism, a boon designed to lend Ethereum transactions some serious scalability capability without a subsequent compromise on security, is the reason for these airdrops. The protocol uses Optimistic rollups to group large volumes of data into manageable packets, thereby enhancing transactional speed.
So who was eligible for this third airdrop? Participants who had delegated a minimum of 180 OP tokens over a 100-day timeframe, from January to July, were earmarked for this reward distribution. And in a nod to transparency, the rewards were determined by the number of governance tokens delegated as well as the duration for which they were held.
Of interest is the fact that a multiplier of two bonus was available to users based on delegations to active voters. But to ensure an even distribution of these rewards, a ceiling was applied capping the reward amount at 10,000 OP tokens.
Intriguingly, Optimism also hinted that an additional pool of 570 million OP tokens waits in the wings for future distribution, indicating a forward-looking commitment towards community engagement and participation. With this proactive and flexible approach, Optimism continues to forge new paths in the blockchain sector and sets the stage for even further growth and integration.
Source: Cryptonews
