Optimism slid as much as 10% in the week leading up to a scheduled token unlock that will see 24 million OP tokens released onto the market.
Category: OP token
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Optimism to sell $160M in OP tokens to 7 purchasers via private sale
The Optimism Network has revealed that it will sell 116 million OP tokens in a series of planned sales.
Optimism set to unlock $587M worth of OP tokens, will investors unload?
More than 386 million OP tokens are scheduled to be unlocked on May 31, more than doubling the total circulating supply.
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Vitalik shows support for Optimism’s governance structure and OP gas proposal
The Ethereum co-founder has often advocated for projects to move away from coin voting in DeFi and DeGov, as it will enable smaller holders a chance to truly participate in governance.
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Optimism token falls 40% prompting calls to bar dumpers from airdrops
“Why should Optimism Collective continue rewarding these kinds of mercenary actors who will dump their tokens on first sight? Why should any future airdrops reward these addresses?” an OP governance member argued.
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Optimism airdrop overwhelmed by all-time high demand: ‘Scaling is hard’
“Wow, what a day. OP Drop #1 had a turbulent launch which we finally stabilized after more than five hours of non-stop work,” Optimism stated.
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