Warden OP Grant Community Distribution #1
The wait is over for OP grant distribution to WardenSwap community.
Since WardenSwap is live on Optimism, in order to sustainably boost Optimism and maintain a solid level of liquidity such that we could migrate more activities to Optimism in the future, we proposed to the Optimism Foundation for an OP Grant.
For the record, on November 26th, 2022, the Optimism Foundation contributed WardenSwap 300,000 OP with a distribution condition that specified a total distribution duration of four years.
We have promised community with $OP that will be incentive directly to the users of WardenSwap on Optimism as an opportunity to early adopter, active users, along with new users to increase the activity of trading in WardenSwap on Optimism. However, we believe that experience that traders will get from Optimism is absolutely valuable, and it will attract more activity on its own.
OP Distribution (August 2022 — February 2023)
To start off with 2023, we finalized our conditions to distribute 10,000 $OP to traders swap through WardenSwap router on Optimism Network. Making it fair for all WardenSwap traders, we divided 10,000 $OP with each addresses’ trading volume suggesting that as more traders swap through WardenSwap, more $OP traders will be distributed.
Swap period: August 1st, 2022 (00.00 GMT+7) to February 16th, 2023 (23.59 GMT+7)
OP Distribution has been made directly to 1,504 trader addresses on February 17th, 2023 08:18 PM GMT+7 with transactions stated below;
OP Distribute transactions:
Next Step for WardenSwap OP Distribution
It has come to conclusion that we have to get involve with more activities revolve $OP and Optimism Network with the community to show gratitude towards support we received for almost two years of operation. Please, stay tuned for more updates on OP Distribution.
