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ZEC $260.31 -8.86%

Optimism: The OP token's originally planned 2% inflation rate was incorrectly set to 20%, which will not affect the planned token supply

2022-10-11 08:42:35
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ChainCatcher news, according to the official Optimism Governance Twitter, the total supply of OP tokens was announced to expand at a rate of 2% per year when launched, but this rate was incorrectly set to 20% when the contract was deployed. The contract logic will be updated to the expected 2% later today.

Since the inflation of OP will not begin until next year, no new tokens have been minted or transferred, and any future changes to this rate must go through governance, so this incorrect setting has had no actual impact. (Source link)

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