![]() ![]() See the Dune analytics dashboard (opens new window). The amount of OP tokens that an address receives is cumulative, meaning that the sum of OP tokens allocated for each matching criteria set is the amount that an address is eligible to claim (overlap bonuses are not cumulative). * Note that Repeat Optimism Users Receive 776.86 + 1,692.49 = 2,469.35 OP Overlap Bonuses The allocations and criteria break down as follows: # Airdrop #1 Allocations Name Two for Optimism users that target early adopters and active project users, and four for L1 Ethereum, which target active contribution, positive-sum behaviors, and active participation.Įach set is distinct, meaning that an address can be eligible for multiple and allocated a sum of tokens accordingly.Ī snapshot of addresses was taken on 03-25-2022 0:00 UTC. In total, 248,699 addresses are eligible to claim OP in this initial airdrop. To celebrate our Ethereum roots, The Optimism Foundation also want to welcome active L1 participants who can help scale Ethereum’s innovations, culture, and values to Layer 2. Layer 2 in 2022: Get Ready for Rollups, Bridges, New Apps, Life With Ethereum 2.The Optimism Foundation’s Airdrop #1 rewards those who have been instrumental as early adopters and active users of projects in the Optimism ecosystem. Ethereum and Uniswap Tank Despite Optimism News Optimism Moves Toward Decentralized Governance Structure With OP Token Launch Optimism's OP Token in Roller Coaster Mode after a 'Turbulent Launch' At 8:16 UTC, the coin is trading at USD 0.85, down by 13.2% over the past 24 hours. Meanwhile, the OP token has been hit hard today. "If they can freeze a thief's wallet with their multisig, THEY CAN FREEZE YOUR WALLET TOO," he added. In response, Chris Blec, host of the Proof of Decentralization podcast, argued that this shows Optimism is “DANGEROUSLY CENTRALIZED.” "We will not take this step at this time due to the precedent it would set," they added. The Optimism team noted that they could have stopped the movement of those OP tokens that have not been sold or transferred by a network upgrade. The remaining OP 18m tokens are dormant for now in this address. That is because the exploiter had already sold 1m tokens on Sunday.įollowing the offer by Wintermute, the exploiter transferred an additional 1 million tokens to Ethereum's co-founder Vitalik Buterin’s address on Optimism. The company also asked the exploiter to consider being a "whitehat" by returning the remaining 19m tokens within one week. She also claimed that Optimism should have postponed their airdrop following the incident. "This is not how you handle you big size multisig recipient." Didn’t try send a tx with the fund they received to make sure it’s actually “their fund,” she said. They deployed the multisig contract on the wrong chain 2. "hat a amateur mistake from Wintermute can’t believe 1. ![]() “An attacker was able to deploy the multisig to L2 with different initialization parameters before the recovery operation was completed and took control of the 20 million OP tokens,” the team said.ĭovey Wan, a founding partner of Primitive Ventures, an international venture investment firm that invests in blockchain and crypto technologies, called the lapse an "amateur mistake." Wintermute started "a recovery operation with the goal to deploy the multisig contract to the same address on ," but it was too late as a bad actor had already taken control of the funds. Therefore, it was not able to access the tokens, according to a summary of events from the Optimism team. However, the crypto market maker had mistakenly provided a multi-signature Ethereum (ETH) address that had not yet been deployed on Optimism. OPTIMISM TOKEN FULLAfter successfully sending two test transactions, the Optimism team sent the full amount of tokens. In preparation for the OP token launch, Wintermute was to receive "a temporary grant" of OP 20m for liquidity provisioning services. A mistake by crypto market maker Wintermute has resulted in the loss of 20m Optimism (OP) tokens currently worth USD 17m. ![]()
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