Clipper recently received 300,000 OP tokens! The greater the loot, the more power to boot, and we must now work to distribute the tokens across Clipper’s community in a way that rewards active community members while prioritizing Clipper’s and Optimism’s long-term growth.
As such, Clipper has the following goals in mind:
- Bring more developers and builders into the Optimism ecosystem
- Increase TVL (for Clipper Coves which allows for permissionless trading between any two assets)
- Increase number of daily transactions
- Increase number of Optimism project collaborations through community initiatives (e.g., Clipper’s Adventure Series)
These goals are in line with Optimism’s intent on the distribution of these tokens. In accordance with the now approved OP proposal, we’ve broken down the OP token distribution as such:
Please note: as communicated earlier, Clipper will target distribution over the next 9 months. The exact rate at which tokens are distributed will be left to the AdmiralDAO council with input from the Optimism community. For the time being, several grants will be distributed to developers who have already helped expand Clipper’s codebase, and the remaining disbursements will be dependent on a scoring system which is still being developed. We will share another update to the community once the exact OP token distribution schedule has been finalized.
We’re excited to work alongside Optimism to build towards a more interoperable and accessible DeFi future while offering tokenized rewards and incentives to a variety of Clipper users and ecosystem participants – stay tuned for more updates!