Optimism’s Major Token Unlock: $81 Billion OP Tokens Set for Release

January 29th, 2024
Optimism, an Ethereum layer 2 solution, is poised to release approximately $81 billion worth of OP tokens on January 29, 2024. This unlock, involving over 24 million OP tokens, represents about 2.5% of the circulating supply and is part of a strategy to gradually release tokens to investors and contributors. Despite the potential market impact, Optimism continues its growth with recent upgrades and a $30 million token distribution initiative for community contributors.
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