Recently, two popular projects conducted new altcoin airdrops. Both are projects focused on Layer-2 solutions. Layer 2 solutions are a new technology developed to increase Ethereum’s transaction throughput and scalability. Optimism and StarkNet are one of the two most important projects in this field. In this article, we will review and compare the latest developments of both projects. Here are the details…
Altcoin Optimism was generous to curators
Optimism conducted a generous airdrop, distributing over 10 million OP tokens to over 23,000 NFT creators and innovators. Contributions to the Superchain ecosystem were rewarded in a snapshot taken on January 10. Rewards were determined based on the gas rate used in NFT transactions and overall participation. So, this encouraged active participation. As a demonstration of commitment to community engagement, 19% of the initial token supply is reserved for airdrops. Technical analysis shows a 40% price increase potential for OP, indicating that market confidence will increase further.
This fourth airdrop on Optimism follows a series of distributions that began with the first on May 31, 2022. The next airdrops took place on February 8, 2023 and September 13, 2023. Additionally, in the third airdrop, 19.4 million OP tokens worth $26 million are distributed to approximately 32,000 addresses. The addresses are recognized for their participation in the delegation activities of the Optimism Collective, the platform’s decentralized autonomous organization (DAO). Looking forward, Optimism announced that it has approximately 560 million OP tokens available for future airdrops.
Tough start at StarkNet
After rising to $3.5 on the first day, StarkNet’s STRK token started to decline, falling 17% to under $2. Binance listing and 1.4 million STRK token airdrop failed to sustain initial momentum. Airdrop recipients combined the tokens into a single wallet, raising questions about their intention to hold them long-term. To stimulate ecosystem growth, 50 million STRK tokens have been allocated for DeFi incentives. 12% staking APY is offered to encourage holding rather than selling.
Meanwhile, Lookonchain, a data analytics provider, revealed a major airdrop involving 1,432,800 STRK tokens worth $3 million. Remarkably, this airdrop is distributed to 1,361 wallets. However, it is said that all these wallets belong to a specific person. So this shows that there is widespread participation in the distribution of crypto assets.
Both Optimism and StarkNet offer layer 2 solutions to solve Ethereum’s scalability problem. cryptokoin.com As we reported, Optimism rewards creators with airdrops. It also focuses on its community by encouraging active participation. StarkNet, on the other hand, faced sales pressure after launch. Both projects focus on long-term growth through token allocations and staking incentives.
To be informed about the latest developments, follow us Twitter’in, Facebookin and InstagramFollow on . Telegram And YouTube Join our channel.