The Optimism team unveiled the fourth distribution of OP tokens to network members. More than 10 million OPs were earmarked for distribution to 22,998 addresses.
According to the official announcement, the team has distributed 10,343,758 OPs, which is equivalent to approximately $40.8 million currently. Users who use non-replaceable tokens (#NFT) on the Optimism network are eligible to claim rewards.
"This giveaway serves as a thank you to digital artists and their talent for turning fantasy into reality. Your contribution is vital to the Optimism community,"said the project representatives.
1/ Create together, and benefit together. That's the Superchain.
— Optimism (@Optimism) February 20, 2024
Today, @Optimism unveils Airdrop #4.
Allocating 10M+ OP to over 22k unique addresses.
Read more about how to claim here: https://t.co/smGLcc4yIDpic.twitter.com/E8YUGFo8gW
According to the developers, those who created NFTs between January 10, 2023 and January 10, 2024 on #Ethereum, OP Mainnet, #Base or Zora networks are eligible for the reward. Activity on the blockchain and gas consumption to create or trade NFTs were also taken into account. Users can use their rewards until February 14, 2025.
The announcement emphasizes that rewards can be increased if additional criteria are met:
- initiation of the first NFT contract before January 10, 2023;
- transferring a generated NFT after November 11, 2023;
- payment of fees above 0.005 ETH per NFT transaction from July 14, 2023;
- participation in WLTA transactions.
Amid the news of the OP token distribution, a 6% drop in the token was observed in the last 24 hours.
Recall that the first Airdrop Optimism took place in the summer of 2022 and the second one in February 2023. In addition, the team allocated 48 million tokens in September 2023. Overall, the protocol management sought to allocate 19% of the total OP to the giveaway.
