Ethereum Layer-2 solution Optimism announced on May 31 that the governance coin airdrop will go live. A few hours after the airdrop launch, performance dropped as traffic on the network increased. The management coin OP marks the beginning of the transition to a bicameral finance management system for the network called Optimism Collective. This path, which started with Coinbase creating the OP token page in April, culminated in Optimism's confirmation on Twitter that it will airdrop.
Optimism Collective
Optimism Collective is a democratic initiative created to reward creators of public goods on the Ethereum network. Optimism enables creators to generate high revenues and profits while scaling the network.