Optimism, Ethereum’s layer-2 protocol (L2), conducted a private token sale to 7 different buyers as part of a planned treasury management.
The team of popular altcoin Optimism 20 September In an official statement on Monday, he said that in line with a pre-planned and special treasury management move, approximately $162 million worth 116 million OP He announced that he would sell it. Sales transactions took place shortly after the team made the announcement.
The 116 million OP in question, in total to 7 different recipients sold. Buyers receive tokens Commitment to keep locked for 2 years gave. However, the team found that the tokens sent to 7 different addresses consisted of assets that were not allocated within the circulating supply and that the foundation’s initial OP token supply Part of treasury assets, constituting 30% He stated that it was.
In the statement, it was emphasized that the transfers in question were within the plan, and the community was made aware of these transactions:
Optimism has entered into a private token sale consisting of approximately 116 million OP tokens divided among seven buyers for treasury management purposes. Tokens are subject to a two-year lock-up. During the lock-up period, buyers will be able to transfer the tokens to third parties to participate in management. Tokens come from the “Unallocated” portion of the OP token treasury and are part of the foundation’s treasury budget, which accounts for 30% of the initial OP token supply. There will be several loaded OP transactions starting today. These are all planned actions and we are sharing an alert at this point to inform the community.
According to defiling data, Optimism treasure is approximately $1.25 billion and all from OP is formed.
According to CoinGecko data, OP price along with the news flow $1,392 from level down 4.2% with writing price decreased to 1,341. Also OP’s circulating supply is less than its total supply 18.5% constitutes a small part of it, in the coming years Billions of tokens to be released is available.