Optimism proposes OP token buybacks using 50% of Superchain revenue
Optimism proposed using 50% of Superchain revenue monthly to buy back OP tokens for one year.Summary
The Optimism Foundation introduced a governance proposal to allocate 50% of the revenue generated by the Superchain—a network of layer two chains built on the OP Stack—to purchase OP tokens monthly for one year, with the acquired tokens returning to the treasury. This mechanism aims to directly link the OP token's value to the Superchain's economic growth and usage, shifting its focus from purely governance to economic alignment. The Superchain currently accounts for 61.4% of the layer two fee market share. If approved in the upcoming January 22 vote, the buyback program is scheduled to commence in February, allowing the Optimism Foundation flexibility in managing the remaining revenue for development and staking programs.
(Source：Crypto Briefing)