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Optimism

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Optimism’s $49M Airdrop Reversal Hinged on One Foundation-Funded Delegate’s 8.5M OP

A single delegate's vote reversed a decision on Optimism's airdrop, shifting approximately $49.7 million in OP tokens from users to a fund controlled by the Optimism Foundation. This delegate, Test in Prod, is funded by the Optimism Collective, raising concerns about governance and transparency. The change reclassifies a significant portion of OP tokens for ecosystem growth and adoption, with the Foundation arguing it's necessary for institutional partnerships.