Optimism-Funded Team's Vote Moves $49M Away From Users

Rickler Feed (@rickler_feed), Aug 20, 2026, 14:30 UTC

Optimism-Funded Team's Vote Moves $49M Away From Users A core development team funded by Optimism cast the deciding vote to re-designate 546.9M OP, worth about $49M, from the User Airdrop allocation into a new Foundation-run Strategic Ecosystem Fund. The team's roughly 8.5M OP proved decisive, tipping the proposal to passage at about 17.97M OP for versus 10.93M against. Because the group is funded by the Optimism Foundation and voted on how Foundation-controlled tokens are spent, the outcome has drawn conflict-of-interest criticism from parts of the community. The reallocation fits Optimism…

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