🎯 OPTIMISM PROPOSAL: MONTHLY BUYBACKS WITH 50% SUPERCHAIN REVENUES 🎯
The Optimism Foundation announced on Thursday, January 7th, a governance proposal to allocate 50% of Superchain revenues to monthly over-the-counter (OTC) purchases of OP tokens, starting in February if approved by the January 22nd vote.
Revenues come from sequencer fees across chains such as Base, OP Mainnet, Uniswap, World Chain, Soneium, and Ink, which generated 5,868 ETH (approximately 8 million USD) last year, with projections of 2,700 ETH annually for the buybacks.
The acquired OP tokens will return to the community-governed treasury, where they can be burned to reduce circulating supply or distributed as staking rewards, evolving OP from a mere governance token into an asset directly tied to the success of the Superchain (which holds 61% of the L2 market).
The program will last 12 initial months, will stop if monthly revenues drop below 200,000 USD, and will maintain governance oversight on parameters.
This move creates structural demand for OP as Superchain adoption grows, strengthening the economic flywheel and distinguishing Optimism in the L2 landscape.
The other 50% of revenues will remain managed by the Foundation for flexibility.
