Vitalik Buterin Supports Non-Token Governance for Optimism (OP), Here’s Why

Ethereum founder Vitalik Buterin has supported the proposal of changing the use of OP tokens from being a governance token to the main network token used for gas payments. In open of his recent tweets, Buterin wrote:
“This is a great example of why I’m so proud of @optimismPBC for adding non-token governance (the Citizen House). Optimism explicitly has goals *other* than just “make OP go up”, and the only way to do that long-term is with explicit representation of non-token-holder interests”.
The Ethereum founder further shared links to his previous blog post that mentions that decentralized governance (DeGoV) is necessary as well as dangerous. He also explains the necessary steps one can take to minimize the risks in DeGov.
The Optimism (OP) Governance Token Launch
Ethereum’s Layer-2 scalability solution Optimism launched its governance tokens (OP) earlier this week. However, the OP token price collapsed more than 60% in the hotly anticipated debut.
Optimism has two hubs – Token House and Citizen House. The Token House hub supports OP governance tokens allowing holders to vote on different Optimism-centric projects. The Citizen House focuses on non-governance activities such as distributing retroactive public goods from the fees generated by the Optimism network.
Optimism airdropped a few OP tokens earlier this week on Tuesday. However, it failed to anticipate the overwhelming demand, which resulted in a high network load. Several users faced long delays in receiving the airdrop which ultimately led to the dumping of OP tokens.
Some Optimism users also expressed frustration that some parties were able to claim tokens before others. Some said that the website changed its status to being “ineligible” despite being eligible earlier.
Optimism has now managed to address the network loading issues. Further, it has cautioned users saying that there have been a lot of Optimism scam accounts popping up in wake of the recent incidents.
Heads up everyone!
We're seeing a lot of Optimism scam accounts crop up.
Please be careful and ensure you are only interacting with these official Optimism accounts:@optimismPBC@OptimismGov@OPLabsPBC
Stay safe and if you see any sus accounts you can report them in Discord.
— Optimism (✨🔴_🔴✨) (@optimismPBC) June 2, 2022
- SEC Chair Paul Atkins Says Crypto Is Top Priority At SEC CFTC Roundtable
- Legal Expert Breaks Down XRP’s Appeal as Ripple SWIFT Debate Heats Up
- Crypto Stakeholders Push Back as Banks Seek Yield Ban Provision in CLARITY Act
- Crypto ETFs Approval Faces Uncertainty as Government Shutdown Looms, Bloomberg Analyst Says
- Fed’s Hammack Backs Restrictive Policy Over Rate Cuts Amid Inflation Concerns
- Dogecoin Price Prediction – Chart Set-Up Highlights Perfect Buying Opportunity With Outflows Backing $0.45
- Bitcoin Price Set to Rebound Ahead of US Government Shutdown, NFP Data
- XRP Price Prediction: How XRP Could React After October 2025 SEC ETF Decisions
- Aster Price Prediction as US President Adds $110M Worth of Tokens to His Portfolio
- Pepe Coin Price Bounce Likely as Support Zone Aligns With Rising Social Activity
- Solana Price Set for Recovery Amid Wyckoff Accumulation and Canary Capital ETF Filing