Hop Protocol reveals details of Hop DAO and Optimism-style airdrop By Cointelegraph

Hop Protocol reveals details of Hop DAO and Optimism-style airdrop By Cointelegraph

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Hop Protocol reveals details of Hop DAO and Optimism-style airdrop

Hop Protocol, a cross-chain bridge designed to facilitate the quick transfer of tokens between different layer-2 scaling solutions, has unveiled a new governance model alongside an airdrop that will see early users receive 8% of the total supply of soon-to-be-released HOP tokens.

Similar to Optimism, which recently unveiled a new governance structure that will see early users airdropped 5% of the total supply of the HOP token. Because of this, Hop Protocol is aiming to create a community-oriented decentralized autonomous organization (DAO) called Hop DAO that seeks to aid layer-2 scalability.