Optimism sets aside $3B for grants to its blockchain builders

Ethereum layer-2 blockchain Optimism put aside 850 million OP tokens, worth $3.3 billion, to fund public good projects.

The layer-2 scaler earmarked a total of 850 million Optimism tokens worth $3.3 billion for funding its public goods and announced another three funding rounds.

On March 26, the chain’s governance and community arm, Optimism Collective, said that some of the 850 million OP would be doled out over four categorized rounds starting in May and continuing throughout 2024.

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