The first L2 to have its token – Optimism is one of the second layer solutions ofEthereum demands of the ecosystem. It has just launched its governance token via a record airdrop. Along with the launch, Vitalik Buterin said he was proud of Optimism and gave his support to the protocol.
Optimism airdrop its OP token
Optimism is a second layer solution of the Ethereum network, taking advantage of the Optimistic Rollups. In practice, Optimism aims to deport part of the transactions out of Ethereum. And this, while inheriting the security of it.
On June 1, Optimism announced the launching the airdrop of its OP governance token. However, the rollout of the contract on May 31 allowed many netizens to get the token in preview by interacting directly with the contract.
A lackluster launch marked by great participation and some slowdowns on the Optimism network. Anyway, this was also the launch of all records.
Indeed, more than 250,000 addresses were eligible for this airdrop. The demand was such that the network recorded a transaction record. Thus, more than 490,000 transactions were recorded during the day of June 1.
After peaking at $1.89, the OP token is currently trading around $1.35.
>> OP, OP, OP! Register quickly on the reference of FTX crypto exchanges (affiliate link) <<
Vitalik Buterin congratulates Optimism on its token
Obviously, following an event of this magnitude for the Ethereum network, Vitalik Buterin did not fail to give his opinion.
Thus, the latter declared “proud of Optimism” vis-à-vis the governance model adopted by the project.
Indeed, Optimism has opted for a governance model very different from the usual models. Thus, the governance body will be made up of two separate entities who will have to agree to develop the network.
As a result, we have on the one hand the Token Housean entity composed of OP token holders. This entity follows a relatively traditional governance scheme. Thus, only the holders of the governance token can take part in the decisions.
On the other side we have the Citizen House. It is an entity composed of selected users to participate in governance, without having to hold an OP token.
A duality that seems to appeal to Vitalik Buterin, who stressed the importance of governance representing the interests of token holders as well as non-holders.
” Optimism explicitly has goals *other* than just “pushing the OP price up”, and the only way to achieve that in the long term is to expressly represent the interests of non-token holders. »
For its part, the Ethereum network continues to approach the deployment of The Merge and the transition to Proof of Stake. So the updateThe Merge will be deployed on June 8 on Ethereum’s oldest testnet, namely Ropsten.
Overflowing with Crypto Optimism? Take the lead and start accumulating and trading your first ethers. Inotregister on the FTX reference platform and get a lifetime discount on your trading fees (affiliate link).