Home Optimism Proposes OP Buybacks Using Half Of Superchain Revenue

Optimism Proposes OP Buybacks Using Half Of Superchain Revenue

Share
Optimism Proposes OP Buybacks Using Half Of Superchain Revenue | 3verseTV
News
Share

Optimism Foundation has unveiled a proposal to use half of Superchain revenue to repurchase OP tokens, strengthening the link between token value and ecosystem growth. The plan, set for a governance vote later this month, would introduce monthly buybacks starting in February.

Revenue used for buybacks would come from sequencer fees generated by networks built on the OP Stack, including Base, Unichain, and Soneium. Optimism disclosed it has already collected 5,868 ETH in Superchain revenue, currently held in a token-governed treasury.

Under the proposal, repurchased OP tokens would be returned to the treasury and could later be burned or distributed through staking programs, subject to future governance decisions.

The remaining 50% of revenue would remain under Foundation management for ecosystem development, as Optimism seeks to evolve OP beyond a pure governance token.

Share
Written by
Kapil Rajyaguru -

Kapil Rajyaguru is a news editor at 3.0 TV with over 15 years of professional writing experience and more than four years dedicated to the cryptoverse.

An engineer by education and a writer by passion, Kapil brings a rare mix of technical insight and storytelling finesse. A firm believer that cryptocurrencies, blockchain and AI are the building blocks of the future, he crafts in-depth news and analysis to educate, empower and prepare the masses for the next frontier of Web3.

Leave a comment

Leave a Reply

Latest News

Grayscale Ranks Top 10 Crypto Tokens By Yield As HYPE & CAKE Lead
News

Grayscale Ranks Top 10 Crypto Tokens By Yield As HYPE & CAKE Lead

HYPE leads tokenholder yield at 8.0%, followed by Lighter (LIT) at 7.9%, according to Grayscale’s rankings. CAKE tops adjusted earnings yield at...

Circle Shareholder Sues Trump Over $2.5B In UAE-linked Crypto Deals
News

Circle Shareholder Sues Trump Over $2.5B In UAE-linked Crypto Deals

A Circle shareholder has filed a lawsuit against Donald Trump related to two cryptocurrency deals connected to the United Arab Emirates. The...

BNB Chain Sets October 28 Date For Jenner Hard Fork: 3 Key Changes
News

BNB Chain Sets October 28 Date For Jenner Hard Fork: 3 Key Changes

BNB Chain’s Jenner hard fork is set to take place on October 28, 2026, on the BNB Smart Chain testnet. Payment Lane...

Bybit Secures Full Dubai License To Offer Regulated Crypto Services
News

Bybit Secures Full Dubai License To Offer Regulated Crypto Services

Cryptocurrency exchange Bybit has obtained a full Virtual Asset Service Provider (VASP) license from Dubai’s Virtual Assets Regulatory Authority (VARA). It is...

Related Articles

Reasons Why The U.S. Tops AI Agent Commerce

The concept of agentic commerce where agents can purchase digital services and...

Do You Need A Cryptocurrency Trading Bot?

The crypto market never closes. Bitcoin can move while you are sleeping,...

How To Use Dexscreener To Find Crypto Gems

If you have ever looked at a new crypto token and wondered...

How To Build AI Agents From Scratch

Artificial Intelligence (AI) is no longer just about answering questions since AI...