Optimism token falls 40% prompting calls to bar dumpers from airdrops

Optimism’s freshly launched governance token OP has plunged 40% since peaking at $2.10, leading members of the community to discuss baring those who dumped their tokens from future airdrops. Cointelegraph reported yesterday that the Ethereum Layer-2 scaling solution was overwhelmed with demand for the first OP governance token airdrop, as 5% of the token supply … Read more

Optimism airdrop overwhelmed by all-time high demand: ‘Scaling is hard’

Ethereum Layer-2 scaling solution Optimism has been overwhelmed with “all-time high demand” following the launch of its highly anticipated airdrop today. Users racing to collect their tokens were greeted with failed or delayed transactions as the Optimism team raced in the background to add additional capacity to the network. As previously reported in April, Optimism … Read more