Token Sale — March 2024

[cp0x]

It’s from previous report/proposal

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Summary The Optimism Foundation’s future operating budget of OP is subject to governance by the Token House. Each year, the Foundation can put forth a budget proposal and the Token House may approve or reject it. The Foundation was allocated a Year 1 budget in the founding documents of the Optimism Collective. It has to date used 5.21% of this Year 1 budget. Therefore, the Foundation is symbolically requesting an additional 1 OP for its Year 2 (2023-2024) operating budget. This vote is meant …