Optimism Collective Community Airdrop #1 - DropsEarn
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Optimism Collective Community Airdrop #1

Optimism Collective Community Airdrop #1

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Not set

OP

Expected profit

Unknown

from 250 OP

Max participants

No limit

DropsEarn score

Medium

Normal, Low Risks

Details

The Optimism Foundation’s Airdrop #1 rewards those who have been instrumental as early adopters and active users of projects in the Optimism ecosystem. To celebrate its Ethereum roots, Optimism also wants to welcome active L1 participants who can help scale Ethereum’s innovations, culture, and values to Layer 2. In total, 264,079 addresses are eligible to claim OP in this initial airdrop.

The airdrop has six sets of criteria. Two for Optimism users that target early adopters and active project users, and four for L1 Ethereum, which target active contribution, positive-sum behaviors, and active participation. Each set is distinct, meaning that an address can be eligible for multiple and allocated a sum of tokens accordingly. A snapshot of addresses was taken on 03-25-2022 0:00 UTC. The allocations and criteria break down as follows:

  • Optimism User

  • Repeat Optimism user

  • DAO Voter

  • Multi-sig signers

  • Donated to Gitcoin Grants on L1

  • Priced out of Ethereum

Reminder: OP Airdrop #1 is not yet available to claim.

The official airdrop date will be announced on Twitter by @optimismPBC (opens new window). Airdrop #1 will not require payment. Anyone offering to sell you OP before the official announcement is a scam. Stay safe!

Airdrop #1 Allocations

The amount of OP tokens that an address receives is cumulative, meaning that the sum of OP tokens allocated for each matching criteria set is the amount that an address is eligible to claim (overlap bonuses are not cumulative).

Optimism Early Adopters

Optimism users who had actively used applications on Optimism as a part of their crypto experience.

Optimism Users

This group selects for addresses that have used Optimism, including both early adopters and newer users, but narrows down to a group that has used Optimism multiple times.

Criterion: Address bridged to Optimism from L1 during the early phases of mainnet (prior to Jun 23, 2021), or used Optimism for more than 1 day (at least 24 hours between their first and last transaction) and made a transaction using an app (after to Jun 23, 2021).

Repeat Optimism Users

This tier selects for the most active Optimism users, who repeatedly come back to use applications in the Optimism ecosystem.

Criterion: Address is an ‘Optimism User’ and made at least 1 transaction with an Optimism application across four distinct weeks. This selects for the top 20% of ‘Optimism Users’.

Active Ethereum Participants

These rules aim to target behaviors that match Ethereum and Optimism’s values of active contribution, positive-sum behavior, and scaling decentralized applications to the world.

DAO Voters

Active and engaged governance is crucial to scaling decentralized systems. Addresses who match this criterion have actively chosen to actively contribute by participating in governance.

Criterion: Address has either voted on or authored at least one proposal on-chain, or at least two on Snapshot (off-chain).

  • “Active DAOs”  - who have had at least 5 proposals with at least 5 votes.
  • On-Chain governance contracts included: Governor Alpha and Bravo, Aave, Maker, Curve, Aragon, DAOHaus, DAOStack, and forks.
  • Since Snapshot votes were off-chain, the team recognized that these were more susceptible to spam/farming behavior, often driven by voters with nominal voting power. To mitigate this, Optimism filtered Snapshot votes to voters who made up the top 99.9% of total voting power in each DAO (i.e. >= 0.1% of voting power was made up by the sum of all smaller voters).

Multi-Sig Signers

Multi-sig signers are entrusted with larger pools of capital or control over key protocol functions. They are often the present (and future) DAO leaders and builders.

Criterion: Address is a current signer on a Multi-Sig which has executed at least 10 transactions all-time (this cohort includes 95% of all multisig transactions).

  • Multisig Wallets Include: Gnosis Safe v0.1.0-1.3.0, MultiSigWithDailyLimit, MultiSigWalletWithTimeLock, and addresses in Etherscan’s ‘Multisig’ label which had a function to get owner addresses.

Gitcoin Donors

Gitcoin donors have chosen to behave in positive-sum ways by funding public goods. These addresses may also align with Optimism’s goal to build sustainable funding source for public goods through retroactive funding (RetroPGF (opens new window)).

Criterion: Address has made an on-chain donation through Gitcoin. This includes any donation, regardless of if it was during a matching round.

  • For the time period between rounds 1 - 5, Optimism included addresses who interacted with Gitcoin contracts, sent legacy ExecuteSubscription calls, or appeared in Gitcoin’s donor API (opens new window).
  • For the period between rounds 6 - 13 (present), included donor addresses in the Gitcoin ‘BulkCheckout’ contract transaction logs.

Users Priced Out of Etherum

Active users of dapps on Ethereum are critical to ecosystem growth. Many of these addresses have started bridging to other chains due to high fees, and Optimism wants to help retain them in the Ethereum ecosystem while rewarding their curiosity and exploration. Optimism’s airdrop is also calibrated to reward loyalty to Ethereum, so users who have abandoned Ethereum entirely would not receive an airdrop.

Criterion: Address bridged to another chain, but still made an app transaction on Ethereum in each month after they bridged, and transacted at an average rate of at least 2 per week since then (top 60% of matching addresses).

  • Bridges included top L1s by TVL: Terra, BSC, Fantom, Avalanche, Solana, Polygon; and general-purpose L2s: Arbtirum, Optimism, Metis, Boba.
  • To ensure that the project gave a long enough period to sample activity, addresses had to have bridged away from Ethereum at least 90 days before the snapshot.

Overlap Bonus

Early Optimism users who also match multiple Ethereum criteria may be most likely to become important participants in the Optimism ecosystem, so these addresses were rewarded with an extra overlap bonus.

Criterion: Address matches an ‘Optimism Early Adopter’ criterion, and matches at least 4 criteria sets in total (including Optimism criteria).

  • The overlap bonus increases as more criteria are matched (i.e. the bonus for 5 criteria is greater than the bonus for 4 criteria)

Global Filtering Criteria

It’s best for the community for the airdrop list narrows as well as possible to real users and honest actors. So the team applied some basic filters to various criteria:

  • Address Activity: Addresses needed to have used Ethereum for more than 1 day (24 hours between their first and last transaction) in order to qualify for ‘Active Ethereum Participants’ criteria. This applied to all Ethereum criteria except for multisig signers, since it’s common for signers to have “signing-only” addresses.
  • Sybil Farmers: The team identified a few patterns of likely sybil attackers, who often created tens, hundreds, or more duplicate addresses. And required stronger activity criteria for these addresses, which helped filter out these attackers, but also preserved many real users. 
  • Snapshot Bots and Spam: ENS’ bot-catching proposal (opens new window) is used to filter out addresses that spam Snapshot votes. Snapshot spaces that appeared to be either compromised or falsified were also excluded.
  • Exchanges and On-Ramps: known centralized exchange and fiat on-ramp addresses were filtered.
  • Exploiters: Known exploit addresses were filtered out.
  • Recency Filter: Addresses needed to have made a transaction after Jan 1, 2019. For multisig signers, only the multisig needed to have executed a transaction after Jan 1, 2019. The team chose this cutoff date to narrow in on active addresses, while also providing a window before L1 gas prices (opens new window) consistently rose and potentially priced some users out of Ethereum.

What’s Next?

To check your eligibility for Airdrop #1, visit the announcement page (opens new window). It is not possible to claim your tokens yet – follow @optimismPBC (opens new window)for official updates on the upcoming airdrop date.

The best way to earn OP is to get involved in the Optimism Collective:

Links

 
 
 

About

Optimism is announcing a new type of community designed to reward public goods and build a sustainable future for Ethereum.

Activity Type

Airdrop

Random reward

Social networks

Retroactive airdrop

Date

26 Apr 2022 03:00(UTC+3) - 3 May 2022 15:00(UTC+3)

Registration

Closed

When Reward:

None

Event Status

You can't participate(Event ended)