Optimism-based projects spike on rumors of token airdrop

2 years ago

“We’re nearing the extremity of a section and the opening of the adjacent — 1 driven by assemblage ownership and governance,” noted Optimism.

Optimism-based projects spike connected  rumors of token airdrop

The autochthonal token prices from aggregate projects that employment Ethereum Layer 2 scaling solution Optimism person spiked astir 20% amid rumors that the web volition soon motorboat a token and airdrop it to the community.

Optimism is simply a Layer 2 scaling solution that utilizes Optimistic rollups to process a precocious magnitude of transactions disconnected the Ethereum blockchain. The task touts that it tin run astute contracts 5 to 500X cheaper than Ethereum's Layer 1.

According to DeFiLlama, the level presently accounts for $496.47 cardinal worthy of full worth locked (TVL) from 30 antithetic projects that usage it to standard such arsenic Synthetix (SNX), UniSwap (UNI), Stargate Finance (STG) and Perpetual Protocol to sanction a few.

The rumors of a imaginable token organisation to users of the related projects started to swirl connected Twitter earlier contiguous aft Optimism published a blog station titled “A New Chapter” which recapped the project’s show since its motorboat aboriginal past year, on with outlining its plans moving forward.

The squad highlighted notable milestones implicit the past 12 months specified arsenic $17.4 cardinal worthy of transaction volume, $24.5 cardinal worthy of gross and redeeming $1.1 cardinal worthy of state fees.

Optimism's communicative truthful far, by the numbers:

Saved $1.1B successful state fees
On-boarded 300k unsocial addresses
Secured $900M of value
Facilitated $17.4B successful TX volume
Generated $24.5M successful revenue

A caller section is near.

Let’s instrumentality a infinitesimal to bespeak connected the way truthful far.

— ✨ Optimism.io/amsterdam (@optimismPBC) April 19, 2022

While Optimism didn’t straight authorities thing astir launching oregon airdropping a autochthonal token, onlookers highlighted the past conception of the station which outlines a caller signifier of improvement that volition beryllium driven by the community:

“The web has grown by leaps and bounds, and it’s lone getting amended by the day. Our babe has learned to walk, and it’s astir clip to run. We’re nearing the extremity of a section and the opening of the next––one driven by assemblage ownership and governance.”

Commenting connected the wording of the post, self-described “master airdrop hunter” “OlimpioCrypto” suggested to their 7,164 Twitter followers that SNX mightiness beryllium the token to support an oculus connected for imaginable airdrops, arsenic Synthetix was the archetypal protocol to commencement moving with Optimism.

“Team astatine Optimism started moving with Synthetix earlier immoderate different protocol. $SNX holders, determination mightiness beryllium a dainty for you. Keeping tokens staked mightiness beryllium the play,” they wrote.

A akin relationship successful “defi_airdrops” besides pointed to different fashionable projects connected Optimism specified arsenic Hop Protocol, Lyra Finance and the Polynomial Protocol.

— DeFi Airdrops (@defi_airdrops) April 13, 2022

Related: Ethereum Merge a ‘few months after’ June: Dev clears up what’s going on

While not each of the tokens related to Optimism are pumping, implicit the 24 hours SNX, Lyra Finance (LYRA) and Synapse (SYN) person each seen important increases successful value.

According to information from Coingecko, SYN is up 26.2% to beryllium astatine $3.37, SNX is up 21.5% to $6.18 and LYRA has gained 18.4% to scope $0.24.

Looking backmost astatine DeFi Llama, Synthetix — which is the largest level connected Optimism — has seen its TVL summation 13.4% implicit the past 24 hours to apical astir $203.3 million, suggesting that truthful investors whitethorn beryllium rushing to involvement SNX successful anticipation of an announcement from Optimism.

Looks similar whales heard astir the imminent @optimismPBC governance smth being released, and what amended mode to articulation the amusive than @synthetix_io ecosystem fam! pic.twitter.com/ILLMBZFI1u

— Danijel (@veryHighLander) April 19, 2022

View source