Optimism token, OP allocation divided into 5 different portions. They are:
- Ecosystem Fund 25%
- Airdrop 19%
- Core Contributors 19%
- Initial Investors 17%
- Retroactive Public Goods Fund(RPGF) 20%
In the total ecosystem funds (25%), they were breakdown into:
- 5.4% of governance fund
- 5.4% of Partner Fund
- 5.4% of Seed fund
- 8.8% unallocated The purpose of the ecosystem fund is to grow the Optimism ecosystem by providing financial support and incentives to projects that are building on Optimism.
RPGF were allocated for startups who build on Optimism as an exit starups. This allows the team to hire, create teams to create a promising product on Optimism ecosystem.
By estimation, OP token will have a 2% inflation yearly but there will 30% of the initial token to be unlocked for the 1st 2 years. That includes 5% of airdrops and 25% of RPGF+Ecosystem funds. Currently there are no burning function of OP token but only 2% of the token will be minted every year.
With this progress, the token need to be well distributed and utilized for the token price to sustain. That will heavily depends on the utility of OP token and what are the advantage of holding/keeping them. For the time being, the major use of OP is for governance.
Tokens holder will be rewarded with voting privileges to vote for decisions that the Optimism foundation and the citizen’s house take. The direction of the ecosystem will mainly depends on the votes cast by the token holders. More utility features and added value needed to support and promote the growth of the token value.
Reference: https://www.coingecko.com/en/coins/optimism/tokenomics https://cryptoatlas.net/45-optimism-tokenomics.html Show Less
