April 27, 2024

The Optimism team removed 17,000 addresses from the airdrop

The Optimism team removed 17,000 addresses from the airdrop

The Optimism developers have reduced the list of participants in the airdrop expected in the coming month by 17,000 addresses.Presented as participants in the Sibyl attack, about 14 million native tokens were intended.

"Optimism is for people, not for 'sybils.' […] Bye, bye, Sibyls!the team said.

The developers did not disclose the dropout criteria.

The project team excluded those who wantedparticipate in the so-called airdrop farming. In anticipation of this event, users open many wallets and use dapps in the hope of meeting the criteria for a subsequent distribution of tokens.

The released 14 million OP will be proportionally distributed by the project among those who were not caught in this practice.

In April, the developers announced that the participantsThe first round of the airdrop will be OP Bridge users until June 23, 2021, as well as those who repeatedly interacted with ecosystem projects between June 23, 2021 and March 25, 2022. Together with the other five criteria, 264,079 addresses were eligible for the OP claim.

Within four years, the emission of OP will amount to 4.29 billion tokens. As part of airdrops, 19% of the total supply will be distributed, including during the first round in late May-early June - 5% of the issue.

Recall that a well-known case of airdrop farming in the industry is associated with Bridget Harris, an analyst at the venture capital company Divergence Ventures.

In May 2021, the DeFi project Ribbon Finance helddistribution of tokens, however, the assets were unlocked only in October. The developers have set up the airdrop in such a way that “smaller contributors” get more benefit from the distribution.

Harris registered a large number of wallets and began sending small transfers to the project address, eventually receiving more than $2.4 million in RBN.

The Optimism team previously raised $150 million at a $1.65 billion valuation.

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