September 19, 2023 1:24 PM | 1 min learn
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Optimism (CRYPTO: OP) has introduced its newest group airdrop.
The Layer 2 blockchain is distributing greater than 19.4 million OP tokens, equal to $27 million, to its customers.
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This airdrop reached over 31,000 distinct addresses, with the factors for eligibility being the delegation of OP holdings for governance voting participation.
Additionally Learn: Crypto Fraudsters Arrested In Hong Kong, Over A Billion {Dollars} In Property Frozen
Because the digital asset area continues to evolve, occasions like these will seemingly be a subject of debate on the upcoming Benzinga’s Way forward for Digital Property convention on Nov. 14.
Moreover, there is a provision for the distribution of one other 570 million OP tokens in upcoming airdrops.
Since its inception in 2021, Optimism has seen important progress, amassing a complete worth locked (TVL) of $658 million, positioning it because the sixth dominant blockchain as per DefiLlama’s rankings.
Notably, earlier this yr, an sudden second airdrop by Optimism led to an 11% decline in OP’s worth as a result of surge in its circulating provide.
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Picture: Optimism
“The Finest Report Benzinga Has Ever Produced”
Huge returns are attainable inside this market! For a restricted time, get entry to the Benzinga Insider Report, normally $47/month, for simply $0.99! Uncover extraordinarily undervalued inventory picks earlier than they skyrocket! Time is operating out! Act quick and safe your future wealth at this unbelievable low cost! Declare Your $0.99 Supply NOW!
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