Pro
The Hop Airdrop
Key Insights
- Hop Protocol will launch its upcoming HOP token with an initial supply of one billion HOP. The protocol announced that 8% will be airdropped to early users and 60.5% will be held by the treasury.
- In a unique attempt to counter Sybil airdrop attackers, Hop Labs plans to reward community members for identifying and reporting Sybil addresses.
- The HOP airdrop provides another catalyst for increased Ethereum L2 adoption.
On the back of the recent OP token announcement from Optimism, the creators of Hop Protocol have shared their plans to decentralize the protocol's governance by placing it in the hands of the newly created Hop DAO. The decision serves as another potential catalyst for increased adoption of Ethereum’s Layer-2 (L2) ecosystem in the coming months.
What’s Hop?
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Chase's interest in crypto lies at the intersection of economics, psychology, and social coordination.
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