Several exchanges, including OKX, LBank, MEXC, and AAX, have published blog posts announcing plans to list the Optimism token later today. Optimism has not yet issued an official statement.
As a rollup-based Layer 2 network, Optimism enables Ethereum applications to perform faster and cheaper transactions while maintaining security from the main Ethereum blockchain.
Optimism unveiled a new governance structure last month, powered by its own token. The initial supply will be distributed via a retroactive airdrop to users who were early Optimism adopters as well as active Ethereum participants such as multi-signature wallet signers, DAO voters, and Gitcoin donors.
According to OP’s initial announcement, 248,000 addresses received 214 million OP tokens (5% of the total 4.29 billion supply), with the average eligible address receiving 860 tokens. However, 17,000 of these addresses were later removed, reducing the expected total to 231,000 addresses.
Optimism received a $150M investment from Paradigm last March and is now valued at $1.65 billion.