Optimism Foundation gains control of 546.9 million OP once set aside for users

NewsFri, 21 Aug 2026 10:00:58 UTC3 hours ago
Optimism Foundation gains control of 546.9 million OP once set aside for users

Optimism token holders have voted to permit the transfer of 546.9 million OP from the collective’s user airdrop reserve.

The tokens are valued at ~$49 million. They land in a new pool the Optimism Foundation will manage. The voting closed on August 19, 2026.

Optimism voters clear the 51% threshold with a 62% total

The measure passed with 17,973,915 votes in favor against 10,930,696 opposed, the proposal page on Agora shows. That put support at about 62% of votes cast, above the 51% approval threshold.

The ballot also cleared its 16,540,389 quorum requirement. The proposal is now marked queued, with voting closed at 8:07 pm on August 19.

The vote came down to a late deciding vote from a team funded by Optimism itself. The onchain record only notes the running totals, without showing either the size of a single vote or the identity of the voter.

Filed by the Optimism Foundation, the proposal redesignates the OP left in the User Airdrop allocation as a Strategic Ecosystem Fund.

The document carries no substantive onchain transactions. It is a governance decision about how a large block of tokens gets labeled and who directs it.

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