🥴 Optimism Moves $49M in OP Tokens
Optimism transferred $49M in OP tokens from past airdrops to its Strategic Ecosystem Fund to support partnerships and growth. The vote passed narrowly—546.9M OP (12.7% of supply) moved after a last-minute 8.486M OP boost from Test in Prod, pushing approval to 17.974M in favor, 10.931M opposed. Without it, support would’ve been 46.47%, missing quorum.
Concerns remain: L2BEAT flagged the fund’s broad scope and lack of audits on past spending. Some note potential coordination via Optimism-linked voting addresses.
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1August 21, 2026 5.2K 1