Layer 2 scaling solution Optimism has successfully conducted its fifth airdrop, distributing approximately $16 million worth of 10.3 million OP tokens to 54,700 user addresses. This airdrop rewards users who actively engage with Superchain, a blockchain network built using Optimism’s OP Stack technology.
The airdrop specifically targeted users who interacted with multiple chains in the Superchain ecosystem, including chains like OP Mainnet, Base, Zora, Mode, and several others such as Lisk, Redstone, and Swan. To qualify, wallets had to interact with at least 20 contracts across the Superchain between March 15 and September 15, 2024.
In a statement, Optimism explained, “The airdrop rewards strong users who contribute to the growth of the Superchain Ecosystem.” Eligible users have until February 13, 2025, to claim their tokens. Some participants were able to increase their allocations by meeting additional bonus criteria, such as transferring a minimum amount of OP tokens or interacting with at least seven chains within the Superchain.
Optimism’s Airdrop History
This recent distribution brings the total number of OP tokens distributed via airdrops to over 265 million. Optimism still has approximately 550 million tokens left for future airdrops. The first airdrop was launched in May 2022, with subsequent distributions in February and September 2023. The third airdrop in September 2023 saw 19.4 million OP tokens, worth $26 million, distributed to around 32,000 addresses.
As of the time of writing, the OP token is trading at $1.55, experiencing a 5% drop in the last 24 hours. With a circulating supply of 1.3 billion tokens, OP boasts a market capitalization of $1.9 billion.
This marks another significant event for the growing Superchain network and the broader adoption of Layer 2 scaling solutions in the crypto space, as reported by Turkish NY Radio.
