$OP enters a quickly rising list of Binance热门 search terms. More eye-catching than the price increase is a recap of growth incentives: 9 projects together received 2.21 million OP, with the target contracts’ net TVL increase of roughly $8 million—about 84% of which came from a single project.
This recap was reconstructed from on-chain data by a former grants committee member; the data is current through September 15. At the time, both incentives were still ongoing and are not official final audits. Even so, the totals cannot be read as “all nine are effective.” When projects receive incentives, the community bears the opportunity cost of the budget. What really needs to be broken down and examined are each project’s incremental contribution and retention after the incentive period ends.
If independent rechecks correct this attribution set, or if later data shows that the other projects also continue to leave liquidity behind, then the explanation that the results are too concentrated would need to be revised. Just relying on a single total TVL figure is not enough.
This recap was reconstructed from on-chain data by a former grants committee member; the data is current through September 15. At the time, both incentives were still ongoing and are not official final audits. Even so, the totals cannot be read as “all nine are effective.” When projects receive incentives, the community bears the opportunity cost of the budget. What really needs to be broken down and examined are each project’s incremental contribution and retention after the incentive period ends.
If independent rechecks correct this attribution set, or if later data shows that the other projects also continue to leave liquidity behind, then the explanation that the results are too concentrated would need to be revised. Just relying on a single total TVL figure is not enough.