Optimism conducted an airdrop of its governance tokens to over 300,000 wallets on 9 February. User activity, however, continues to decline. Despite an airdrop of 11.7 million OP tokens to over 300,000 wallets on 9 February, the price of Layer 2 (L2) token Optimism (OP) continues to decline, causing investors to lose confidence. Realistic or […]
published on 9 February by the layer 2 blockchain’s caretaker group, Optimism Collective, the unannounced airdrop was made to users on the network that have delegated the voting power of their OP tokens and addresses that spent more than $6.10 on L2 gas since 25 March 2022..” These quests aimed to improve the user experience by guiding users through different features on the network, such as swapping, lending, and staking.
However, since the end of the Quests on 17 January, the daily transaction count on the Optimism roll-up platform has decreased significantly., a comparison of activity between Optimism and Arbitrum showed that the daily transaction count of Arbitrum surpassed that of Optimism shortly thereafter.The unannounced airdrop could be taken as an effort by Optimism to gain an advantage over Arbitrum.
Although the Arbitrum network does not currently have a token, the rise in usage may be attributed to the desire of many users to become eligible for token airdrops once the L2 network launches its token.
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