Optimism, the second largest rollup on Ethereum, introduced just a few days in the past that it has formally began the fourth spherical of airdrops to its crypto group.
A complete of 10.3 million OP have been distributed, with a worth of roughly 41 million {dollars}.
This time, the artists who’ve created NFTs on the Ethereum mainnet or on Optimism’s Superchain within the final yr have been those awarded.
All the small print beneath.
Optimism distributes the fourth spherical of crypto airdrop to the NFT creators class
Optimism, a widely known rollup layer-2 of Ethereum, introduced this week that it has formally launched the fourth section of the airdrop program established by the inspiration, by which a number of members of their crypto group have been rewarded.
A complete of 10.3 million OP tokens have been airdropped to roughly 22,000 eligible addresses, for a complete distributed worth of 40.8 million {dollars}.
1/ Create collectively, and profit collectively. That is the Superchain.
At present, @Optimism unveils Airdrop #4.
Allocating 10M+ OP to over 22k distinctive addresses.
Learn extra about how you can declare right here: https://t.co/smGLcc4yID pic.twitter.com/E8YUGFo8gW
— Optimism (@Optimism) February 20, 2024
The fourth spherical of Optimism focuses on artists from the world of web3, particularly on all of the NFT creators who’ve minted a token on the Ethereum mainnet, on Optimism’s Superchain (OP mainnet, Base, Zora) from January 10, 2023 to January 10, 2024.
Within the official web page of the declare, we are able to learn the precise phrases printed by the cryptographic challenge group:
“An important firm wants artists. This airdrop is a thanks to artists and their capability to convey creativity into the chain. Your contributions play an important position within the Optimism Collective.”
The extra fuel spent to mint NFTs, the upper the reward for the top consumer, the place the most cap is ready at 6000 OP per pockets.
The prizes have typically been elevated by as much as 50% for customers with a “bonus attribute”. This attribute has been assigned to all those that have created an NFT contract earlier than January 2023, transferred an NFT created after November 11, 2023, spent greater than 0.0005 ETH in fuel to buy a group from July 14, 2023, or who’ve been lively on the Superchain since at the very least November 11, 2023.
Beneath is a picture that particulars the eligibility standards and allocation for every class.
You may test for those who can declare the Optimism airdrop on this web site.
Customers have till February 13, 2025 to request the tokens.
All earlier Optimism (OP) airdrops
The fourth spherical of airdrop supplied by Optimism additionally represents the smallest when it comes to worth in crypto distributed to the group.
Altogether, contemplating additionally the opposite 3 earlier rounds, Optimism has given a complete of 255.9 million OP to its stakeholders, for a complete worth of about 923 million on the time of writing the article.
Within the newest, “solely” 10.3 OP have been allotted as a reward to the varied classes of NFT artists, whereas within the third spherical on September 13, 2023, the ultimate compensation to lively customers within the governance of the challenge amounted to 19.4 million OP.
Even within the second spherical, dated February 8, 2023, the whole quantity was increased in comparison with the final occasion, with a complete airdrop of 11.7 million OP tokens destined for many who had delegated their OP tokens (at the very least 20 tokens for 100 days) and for many who had spent greater than $6.10 in fuel on the OP mainnet.
The primary Optimism airdrop as a substitute befell on Could 31, 2022 and noticed the biggest portion of the allotted tokens delivered to the group, equal to 200 million OP.
Customers of the OP Mainnet community, signers of multisignature transactions, Gitcoin donors, and early adopters of Ethereum are the eligible topics for this primary spherical that has began the completely different phases of rewards.
This one ranks alone because the eleventh airdrop largest in crypto historical past when it comes to cash given away, with a worth of 720 million {dollars} based on present OP costs.
To date, Optimism has truly airdropped solely a small a part of what was determined on the daybreak of the delivery of this observe, with about 13% of the whole preliminary provide that also must be allotted.
There’ll nonetheless be a number of alternatives to pocket handful of crypto, just by performing small duties or being lively customers of the cryptographic ecosystem.
As reminded by the identical challenge on X, within the secure there are nonetheless about 560 million OP to be distributed sooner or later airdrop phases, which will likely be introduced to the general public sooner or later.
Based on the group of layer-2, dividing the allocation of tokens amongst varied customers of the group into a number of occasions permits for a extra honest and acceptable compensation based mostly on the assist supplied to the ecosystem.
Within the printed submit it’s said that:
“a number of airdrops enable to refine this mechanism, favoring a constructive sum habits”
7/ Did you miss Airdrop #4?
Roughly ✨560M OP✨ stays for future drops! A number of drops enable us to refine this mechanism, fostering positive-sum habits.
— Optimism (@Optimism) February 20, 2024
The upcoming layer-2 airdrops
The Optimism airdrop is simply the primary of a protracted checklist of layer-2 crypto initiatives that will likely be launched in 2024.
A couple of days in the past, Starknet additionally determined to make its debut available in the market by launching the STRK token by an airdrop to its group, reaching a file market capitalization on the time of itemizing regardless of a number of criticisms reported by customers relating to the eligibility standards.
Even Manta Pacific, a second-layer scalability resolution, has determined to launch its personal digital forex MANTA with a reward for its supporters, making the most of the uncontrollable hype within the crypto market recorded within the fourth quarter of 2023.
Within the coming months, we anticipate that different layer-2 tokens will likely be launched by this type of incentivization mode, with a number of initiatives already beneath the highlight of farmers.
Particularly, essentially the most believable names for the time being arezkSync Period, Scroll and Linea.
General, these 3 rollups management about 940 million {dollars} of the whole TVL marked on the L2Beat rating.
Given the notoriety of the professionals in these 3 instances, and contemplating the presence of excessive exterior investments from VC, it’s possible that the following airdrops will convey nice satisfaction.
It’s also price contemplating that the development of layer-2 is among the hottest on this early 2024 because the shared must scale Ethereum within the quickest and best approach attainable is rising.
Being eligible can typically be quite simple: To begin with, it will likely be essential to bridge funds on the respective chains, perform varied transactions resembling swap and liquidity mining, work together with as many protocols as attainable, and be lively for at the very least 3 months.
