Hop Docs
User Docs
User Docs
User Docs
  • Welcome
  • Basics
    • A Short Explainer
    • What is special about Hop?
    • How to bridge with Hop
    • How long does a transfer take?
    • Fees
    • Providing Liquidity & Rewards
    • Transfer failures
    • Manual Withdrawals
    • USDC.e Manual Withdrawals
    • FAQ
      • How to manually withdraw your tokens on the destination chain?
      • How to use Hop with a Gnosis Safe?
      • My funds are stuck on a Layer-2 network because I can't pay the gas needed for transactions
      • Can I access Hop Protocol through other interfaces than Hop.Exchange?
      • Why can I not access Hop.exchange?
      • Hop labels my transaction as completed but I can't "see" my tokens in Metamask
      • Do I need to pay transaction costs on the destination chain before I receive my tokens?
      • What are the fees for transfering tokens with Hop?
      • What is Hop Protocol?
      • How safe is Hop?
      • How long does a Hop transfer take?
      • I sent a token but it's not arriving at the destination
      • How do $OP on-boarding rewards work?
      • What do I need in order to provide liquidity on Hop?
      • Do I need to add Hop tokens and native tokens in equal weights?
      • How does a Hop token hold its peg with its native counterpart (e.g 1hUSDC = USDC)?
      • How do I get Hop tokens (hTokens)?
      • Can I buy hTokens on L2?
      • Why does my LP token balance show less than I deposited?
      • How does a rogue chain affect my LP position on another chain?
      • Who can become a Bonder?
      • What is a "Transfer bond"?
      • What is a "Transfer root"?
      • What does “The Bonder” do?
      • What happens if The Bonder bonds fraudulent transactions?
  • Governance
    • Into to Hop DAO
    • How to Vote
    • Becoming a Delegate
    • Liquidity mining
    • Token Distribution
    • Protocol Fees & Public Good Funding
    • Roadmap
    • Important Links
  • Stats
    • Links to Stats Dashboards
Powered by GitBook
On this page
  1. Basics
  2. FAQ

How do $OP on-boarding rewards work?

Last updated 27 days ago

The Hop DAO received 1m $OP tokens as part of the initial Optimism airdrops to projects building early on Optimism. These funds have been allocated to an on-boarding scheme where users receive 80% of the bridge fees paid back to them in $OP tokens almost completely removing the friction to bridge into Optimism and making Hop the cheapest route to bridge into Optimism. The amount is based on a fixed percentage of the source transaction fee (based on gas cost on Ethereum) + Bonder fee + AMM fee. Moreover, it's capped at 20 $OP per transfer. The rewards can be collected in the "rewards" section of the Hop home page. "Claimable" rewards are all that you can claim immediately.

"Pending" rewards are all that you’ll be able to claim once the merkle root is published for the week. There’s no rush to claim your “claimable” rewards. Rewards continue to add up as you do new transfers on Hop so it’s completely up to you when you want to claim.

$OP
$OP