Optimism has announced that the remaining funds from its first airdrop will be distributed immediately to qualified addresses that have not yet claimed the airdrop.
Optimism Has Committed To Giving Away 19% Of Its Initial Stock Of Tokens Via Airdrop
Optimism, one of the Ethereum blockchain's major Layer 2 networks, has announced that the remaining funds from its first airdrop will be distributed immediately to qualified addresses that have not yet claimed the airdrop. The airdrop started on June 1, 2022, and about 166 million of the total 215 million tokens authorized for the airdrop were delivered to addresses that claimed it prior to the announcement.
According to blockchain data, around 25% of eligible addresses did not participate in the airdrop and will now receive the direct distribution. Optimism has committed to giving out 19% of its initial token supply via airdrops. Approximately 13.73% of the initial supply remains after two airdrops.
Optimism is the second-largest Layer 2 network on Ethereum in terms of Total Value Locked (TVL). Layer 2 solutions are intended to increase the Ethereum network's scalability and efficiency by processing transactions off-chain while retaining the security features of the main Ethereum blockchain.
Optimism intends to ensure that participants who have not yet claimed their airdrop receive their fair share by releasing the remaining tokens to eligible addresses. This step also reflects Optimism's dedication to decentralization and fostering wider usage of its Ethereum Layer 2 network.
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