Category: OP governance token

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Vitalik shows support for Optimism’s governance structure and OP gas proposal

June 3, 2022

The Ethereum co-founder has often advocated for projects to move away from coin voting in DeFi and DeGov, as it will enable smaller holders a chance to truly participate in governance. Ethereum co-founder Vitalik Buterin has shown support for Optimism’s new governance structure, noting that proposals such as using the OP token for gas fees…
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Optimism token falls 40%, prompting calls to bar dumpers from airdrops

June 2, 2022

“Why should Optimism Collective continue rewarding these kinds of mercenary actors who will dump their tokens on first sight? Why should any future airdrops reward these addresses?” an OP governance member argued. 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…
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