Optimism governance approves OP token buyback plan tied to superchain revenue
Optimism governance approved a plan to use 50% of net Superchain sequencer revenue for recurring OP token buybacks over a 12-month pilot.Summary
Optimism's governance overwhelmingly approved a proposal, passing with 84.4% of votes, to link the OP token more directly to the economic performance of the Superchain. Under this new plan, the Optimism Foundation will allocate 50% of the net revenue generated by Superchain sequencers toward recurring OP token buybacks during a 12-month pilot period starting in February. The remaining revenue will continue to fund ecosystem grants and operations. This mechanism is Optimism's first formal effort to tie OP token demand to network activity across the Superchain, which includes OP Mainnet, Base, and others. The tokens bought back will be held in the Optimism Collective treasury, with future decisions on burning or staking reserved for subsequent governance votes. Optimism Foundation Executive Director Bobby Dresser stated this aligns the OP token's value with the Superchain ecosystem's success.
(Source：CoinDesk)