Image default

Optimism Airdrops $30M Worth of OP Tokens, Price Plunges 13% Daily

The long-awaited second airdrop of Ethereum’s layer-two scaling solution – Optimism – is here. The protocol distributed a total of 11.7 million OP tokens to over 300,000 addresses.

The price of OP dropped after the announcement.

  • Many have been expecting the second airdrop of the popular Ethereum layer-two scaling solution, Optimism. The first one saw around 200 million OP tokens airdropped to 250,000 early adopters, and some of them received up to $20K worth of tokens on the day of the event.
  • This one, however, pales in comparison. The airdrop saw 11.7 million tokens distributed to 300,000 addresses based on various criteria.
  • This means the average user who qualified got about 39 tokens worth less than $100 at current prices.
  • The announcement reads:

Airdrop #2 has been distributed to:

-> Addresses that have delegated the voting power of their OP tokens.

-> Addresses that spent more than $6.10 on L2 gas since March 25, 2022 – the average cost of a transaction on Ethereum L1.

  • The snapshot was taken on January 20th, 2023, at 00:00 UTC.
  • The price of OP has reacted badly to the news and is currently down about 13%, trading at roughly $2.35 at the time of this writing.

Binance Free $100 (Exclusive): Use this link to register and receive $100 free and 10% off fees on Binance Futures first month (terms).

PrimeXBT Special Offer: Use this link to register & enter POTATO50 code to receive up to $7,000 on your deposits.

Source link

Related posts

Future of Bitcoin and Crypto Will Be Determined by Congress – Not the Biden Administration, Says House GOP Leader

Melodie Denning

Whales find a liking for Shiba Inu [SHIB] but a burning issue prevails

Melodie Denning

South Korean company Steemhunt accuses Binance of intellectual theft

Melodie Denning

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More

Privacy & Cookies Policy