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BitDegree 2024-03-08 12:48:57

Optimism Token Transaction Worth $90 Million Sparks Debate

Key Takeaways The Optimism Foundation announced the sale of approximately 19.5 million OP tokens at a market value of $90 million, subject to a two-year vesting period. The tokens sold are from an unallocated portion of the foundation's treasury, intended for governance participation despite the lock-up period. The sale has ignited varied community reactions, with discussions focusing on transparency and the sustainability of funding for teams behind such decentralized projects.

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