Optimism airdrops token amid high demand and drama

3 years ago

Optimism airdrops token amid precocious   request  and drama Optimism airdrops token amid precocious request and drama Oluwapelumi Adejumo · 1 min ago · 2 min read

Uncategorized

Some users claimed that they had been interacting with the astute declaration earlier it went live, portion immoderate are saying they abruptly became ineligible for the airdrop.

2 min read

Updated: June 1, 2022 at 1:13 pm

Optimism airdrops token amid precocious   request  and drama

Cover art/illustration via CryptoSlate

👋 Want to enactment with us? CryptoSlate is hiring for a fistful of positions!

Ethereum layer-2 solution, Optimism, has airdropped its OP governance token to astir 249,000 wallets successful the aboriginal hours of June 1.

Sup sleuths—as you mightiness person guessed, OP Drop #1 launches today. We person NOT officially announced yet, but we’re already experiencing an all-time precocious demand. We knew everyone would beryllium excited, but beatified cow—y’all conscionable couldn’t hold for #OPSummer.

— Optimism (✨🔴_🔴✨) (@optimismPBC) May 31, 2022

According to Optimism’s airdrop white paper, its archetypal tranche of airdrops volition beryllium for users who person been “instrumental arsenic aboriginal adopters and progressive users of projects successful the Optimism ecosystem.” The achromatic insubstantial identified 248,699 addresses that are eligible for the airdrop successful this category.

(4/28): We’ve updated the eligibility array successful this thread for clarity.

Full eligibility criteria are disposable at: https://t.co/S7BXfgTdKr

The champion mode to spot you if you suffice for Airdrop #1 is to usage the code checker:https://t.co/LOyiLEqnVz pic.twitter.com/1BE3tpmNKW

— Optimism (✨🔴_🔴✨) (@optimismPBC) April 28, 2022

Optimism volition beryllium distributing 5% of its tokens successful this archetypal airdrop, portion 14% volition beryllium near for aboriginal airdrops. The remainder of the tokens volition beryllium utilized for ecosystem funds, backstage investors, nationalist goods funding, and halfway contributors.

Optimism is simply a layer-2 scaling solution connected Ethereum that aims to amended transaction speeds and trim costs by combining respective transactions into 1 bundle. It past sends this done Ethereum arsenic a azygous transaction.

Layer-2 solutions similar Optimism person go rather communal connected Ethereum arsenic they let developers to bask the information of Ethereum and debar the changeless issues of web congestion and precocious transaction fees.

Optimism removed 17k wallets

On May 23, Optimism revealed its determination to region airdrop farmers from its list. It removed 17,000 Sybil addresses and recovered implicit 14 cardinal OP tokens that it intends to redistribute among the userbase.

Optimism is for the people, not the sybils.

We’ve been cautiously analyzing OP Airdrop #1 for sybil attackers that slipped done the cracks. We’re blessed to denote that we’ve removed an further 17k sybil addresses and recovered implicit 14 cardinal OP. Bye bye sybils! pic.twitter.com/XfWTcOFXEa

— Optimism (✨🔴_🔴✨) (@optimismPBC) May 23, 2022

Airdrop farming, oregon Sybil attack, is simply a process wherever a idiosyncratic tries to get airdrops connected aggregate wallets. Sybil attacks are beauteous communal successful the industry, though they are frowned upon by many.

Before the airdrop became available, immoderate users had claimed they had been straight interacting with the astute contract. The moderator successful Optimism Discord Server said the squad was investigating the airdrop functionality.

optimism squad conscionable investigating successful prod and immoderate fortunate radical selling their tokens up of america being capable to sell?

— Sisyphus (@0xSisyphus) May 31, 2022

Since the airdrop went live, immoderate Optimism users said they had mislaid their eligibility presumption adjacent though they were initially eligible.

I was eligible for airdrop trying to assertion and abruptly its showing present one americium not eligible

— john lewis (@johnlewis381987) May 31, 2022

The OP token is presently trading for $1.78 connected CoinGecko. After launching astatine $1.49, its terms went arsenic precocious arsenic $2.10 earlier dropping to its existent value.

View source