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Ethereum’s Optimism Airdropped Governance Token, Here Is How It Went

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A very expected launch went live as the governance token OP was airdropped by the Ethereum layer-2 scaling solution Optimism.

Why So Optimistic?

In a mission to fund public goods and create a sustainable future for Ethereum, the Optimism Collective firmly believes that “positive impact to the collective should be rewarded with profit to the individual,” thus this latest airdrop is one more step in their process of creating “a new model for properly rewarding those who create or sustain public goods.”

“The Optimism Collective will dispel the myth that public goods cannot be profitable. The Collective will consistently provide retroactive incentives for public goods which benefit Optimism, Ethereum, and the Collective as a whole. These public goods act as a propellant for the growth of the Collective economy.”

Their quest to “rebuild the internet to align with the values of its users” has excited many users, even Vitalik Buterin himself who previously described the effort as “Possibly the biggest attempt at non-token-holder-centric DAO governance so far.”

The team explained that ever since they opened up the system, the network has seen “more than 50 apps deployed on Optimism, resulting in over 60k ETH bridged in and more than $900M in total on-chain value.”

Ethereum and Optimism users are excited about the possibilities for this project to continue improving user experience and lowering transaction fee costs. And even more so, they are also excited about the rewards and governance possibilities that result from supporting and collaborating with this experiment.

As the collective’s vision explains, Optimism is “governed by a collaboration between the Optimism Foundation and the members of the Optimism Collective.” Likewise, the Collective has established its core governing structure divided into two equal chambers in order to enable a collaborative ecosystem:

The Token House and the Citizens’ House: to launch later in the…

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