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Optimism Quietly Rolls Out Third Community Airdrop

A further 570 million OP tokens have been allocated to future airdrops.

Optimism issues third community airdrop (Pexel/Pixabay)
Optimism issues third community airdrop (Pexel/Pixabay)

Layer 2 blockchain Optimism has issued its third community airdrop, with users receiving a total of 19,411,313 OP tokens worth $27 million.

Over 31,000 unique addresses received the airdrop. Eligibility was determined by whether holders delegated their OP holdings to participate in governance votes.

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A further 570 million OP tokens have been allocated to future airdrops.

Having launched in 2021, the Optimism blockchain has accumulated $658 million in total value locked (TVL) to make it the sixth largest blockchain, according to DefiLlama.

Optimism surprised holders with a second airdrop earlier this year, spurring an 11% slump in the price of OP as circulating supply increased.

OP has remained relatively unperturbed this time around – down by 1.4% over the past 24 hours with trading volume experiencing a 17% uptick to $76 million.

Oliver Knight

Oliver Knight is the co-leader of CoinDesk data tokens and data team. Before joining CoinDesk in 2022 Oliver spent three years as the chief reporter at Coin Rivet. He first started investing in bitcoin in 2013 and spent a period of his career working at a market making firm in the UK. He does not currently have any crypto holdings.

Oliver Knight