The core development team funded by Optimism cast 8.486 million OP votes in favor before the voting ended, facilitating the transfer of approximately $49.7 million worth of tokens from user airdrop allocations to a strategic ecosystem fund managed by the foundation.

The approved proposal redefined the use of 546.9 million OP tokens, accounting for 12.7% of the total OP supply. These tokens were originally reserved for user airdrops and are now managed by the Optimism Foundation to support OP Mainnet, OP Stack, corporate partnerships, and ecosystem expansion.

The final vote recorded 17.974 million OP in favor and 10.931 million OP against. The quorum threshold was approximately 16.54 million OP, and the proposal met the participation threshold after including all votes and was approved.

A representative named Test in Prod cast 8.486 million OP votes in favor 16 minutes and 52 seconds before the voting deadline, raising the approval rate from 45.77% to 61.84%. This entity is funded by Optimism and is part of the team involved in the core development of OP Stack.

If this vote were excluded, the approval rate would only be 46.47%, which, while meeting the quorum, would not reach the majority threshold required for approval; the corresponding tokens would remain in the user airdrop allocation category.

From a market mechanism perspective, this approval does not mean that the 546.9 million OP tokens will immediately enter secondary market circulation or be sold off in one go; the funds will be allocated by the foundation according to ecological strategies. However, the potential allocation originally related to user airdrops has been converted into growth capital available to the foundation. Potential beneficiaries include OP Stack adopters, on-chain liquidity projects, corporate partners, and funded development teams; potential pressure points are users expecting future airdrops and OP holders concerned about the foundation's future fund allocation, unlocking, and selling pressures.

Source: Public Information