Optimism’s governance token OP officially goes live

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Optimism’s governance token OP officially goes live
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ICYMI: Optimism’s governance token officially goes live

The governance token for the rollup-based Layer 2 network Optimism has gone live.is set to shift Optimism’s structure by fueling The Optimism Collective, a bicameral governance system for funding composed of Token House and Citizens’ House. The token will trade under the ticker OP and be distributed via airdrop to early users.

Individuals who used Optimism before March 25 can claim an airdrop of OP. A total of 231,000 addresses can claim 214 million OP tokens at an average of 860 tokens per address. The claim process has now officially begun. Today’s airdrop fleshes out Token House so that OP holders can vote on Optimism-centric projects. Citizens’ House comes later in 2022 after the establishment of Token House, in which Citizens’ House facilitates and governs funding for projects aimed at promoting the public good.

Exchanges such as OKX, LBank, MEXC and AAX have stated that they’ll list OP at various points on May 31.

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