Optimism’s core development team reversed the result of a key vote, with $49.7 million worth of OP tokens to be transferred from user airdrops to the strategic ecosystem fund.
2026.08.20 20:22:55
The core development team funded by Optimism cast a decisive vote of 8.486 million OP tokens, which shifted the voting outcome and secured passage for a proposal to transfer approximately $49.7 million worth of OP tokens from the user airdrop allocation to a fund managed by the Optimism Foundation. The proposal aimed to reallocate the use of 546.9 million OP tokens, representing 12.7% of the total OP supply. These tokens, originally earmarked for the user airdrop allocation, were reassigned to the Optimism Foundation-managed "Strategic Ecosystem Fund" to support the adoption and growth of the OP Mainnet and enterprise business initiatives. Final voting results showed 17.974 million OP votes in favor and 10.931 million OP votes against. 16 minutes and 52 seconds before the voting deadline, a representative named Test in Prod cast a whale-sized 8.486 million OP vote in favor, lifting the proposal’s passage rate sharply from 45.77% to 61.84%. Excluding this vote, the final approval rate would have been just 46.47%. In other words, while the proposal met the quorum requirement, it would have failed to pass without this decisive vote, and the relevant funds would have remained in the user airdrop allocation.
F2Pool co-founder Wang Chun sold 235.5 WBTC and exchanged it for 7848.5 ETH.
3 minutes ago
Bitcoin rebounds to break through $82,000.
3 minutes ago
Spot gold rose 1% intraday.
3 minutes ago
The Hang Seng Tech Index climbed over 2% intraday, with Xiaomi surging more than 5%.
3 minutes ago
The Securities and Futures Commission (SFC) of Hong Kong has added Finanx AI to its list of unlicensed companies, as the firm is suspected of promoting tokens to investors.
3 minutes ago
Claude launches real-time dashboard and animation tools: data auto-updates, with support for word-by-word video editing.
3 minutes ago
Hot feeds
A trader profits $448K by monitoring #Binance's new listings!
2024.12.13 17:37:29
Last week, funds have flowed into #Bitcoin, #Ethereum, and #Hyperliquid.
2024.12.16 14:48:36
A $PEPE whale that had been dormant for 600 days transferred all 2.1T $PEPE($52M) to a new address.
2024.12.14 10:35:27
When Elon Musk tweeted about Moltbook, the meme coin MOLT experienced a short-term 30% price surge, hitting a new all-time high of $114 million.
2026.01.31 18:37:29
A smart #AI coin trader made $17.6M on $GOAT, $ai16z, $Fartcoin,$arc.
2025.01.05 16:05:18
A sniper earned 2,277 $ETH ($8.3M) trading $SHIRO within 18 hours!
2024.12.03 23:09:08
MoreHot Articles

How did I turn $1,000 into $30,000 with smart money?
2024.12.09

10 promising AI Agent cryptos
2024.12.05

The 30-Year-Old Entrepreneur Behind Virtual, a Multi-Million Dollar AI Agent Society
2025.01.22

10 smart traders specializing in MEMEcoin trading on Solana
2024.12.09

A trader lost $73.9K trading memecoins in just 3 minutes — a lesson for us all!
2024.12.13

What is $SPORE? Let us take you through the on-chain records to show you how it works.
2024.12.25

