Optimism: Approximately 19.5 million OP tokens have been sold to private investors
On March 8th, according to an official announcement from Optimism, Optimism has conducted a private token sale of approximately 19.5 million OP tokens (about $89 million). These tokens have a two-year lock-up period during which buyers can delegate the tokens to unrelated third parties for governance participation. Optimism also stated that these tokens come from the undistributed portion of the OP token treasury and are part of the foundation's original operational budget, accounting for 30% of the initial supply; starting today, there will be multiple OP transactions aimed at informing the community in advance that these are planned transactions.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Sky: Spent $700,000 last week to buy back 9.4 million SKY tokens
Ripple will donate $25 million in the form of RLUSD to two U.S. non-profit organizations.
Data: DeFi lending applications reach a record high with $41.5 billion in assets lent out
Trending news
MoreCrypto prices
More








