Optimism's Conditional Action OoV manifests through the specific actions required to participate in governance, such as voting on proposals or delegating voting power. The protocol implements voting cycles every three weeks within six-month seasons, requiring token holders to consistently participate to maintain influence. The voting and delegation are both done via the designated frontend.
Note that usage of OP as a token for grant payouts does not beget an OoV.
[8] = binary
The Governance OoV represents a core source of value as it grants holders influence over a rapidly growing Layer 2 ecosystem that processes millions of transactions and manages billions in total value locked. This governance value is amplified by Optimism's unique position as a key player in Ethereum scaling and its commitment to funding public goods. The Governance OoV in Optimism is implemented through its Token House, where $OP holders can influence critical protocol decisions including treasury allocations, protocol upgrades, and ecosystem development.
[3] = ƒ([8], user_vote_allocations, vote_outcomes)
user_vote_allocations — is the representation of allocations of voting power by the user in the voting roundsvote_outcomes — is the representation of actual outcomes of each voting round