Home Optimism Approves OP Token Buyback Linked To Superchain Revenue

Optimism Approves OP Token Buyback Linked To Superchain Revenue

Share
News
Optimism Approves OP Token Buyback Linked To Superchain Revenue | 3verseTV
Share

Optimism’s governance community has approved a major proposal that links the OP token more closely to the financial performance of the Superchain ecosystem. The plan passed with strong support, receiving over 84% approval from voters.

Under the proposal, 50% of net Superchain sequencer revenue will be used to buy OP tokens from the open market. This buyback program will run as a 12-month pilot starting in February, while the remaining revenue will continue funding ecosystem development and operations.

This marks Optimism’s first structured effort to connect token demand directly with network activity. As usage across OP Stack-based chains like OP Mainnet, Base, and World Chain grows, more capital will be allocated toward OP buybacks.

The Optimism Foundation said Superchain sequencers generated about 5,900 ETH in revenue over the past year. Tokens bought through the program will be held in the collective treasury, with future decisions on burning or staking left open.

Foundation leaders said the move helps align OP’s value with long-term ecosystem growth.

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

News
Justin Sun Plans Up to $100M Bitcoin Purchase Amid Market Drop

Justin Sun Eyes $100M Bitcoin Buy During Market Sell-Off

Justin Sun is preparing to buy between $50 million and $100 million worth of bitcoin even as the broader crypto market is...

News
BitMine Adds 41K ETH as Unrealized Losses Hit $6B

BitMine Buys 41K Ether Despite $6B Unrealized Loss

BitMine Immersion Technologies, chaired by Tom Lee, continued to add ether to its balance sheet even as falling crypto prices pushed its...

News
Strategy Adds $75M Bitcoin Ahead of Market Crash

Strategy Buys $75M Bitcoin Before Market Crash

Strategy, led by Michael Saylor, continued its long-running bitcoin accumulation strategy last week, adding a relatively modest amount just before the market...

News
Buy Bitcoin, Ethereum, and Solana Safely! Can German Retail Investors now Access Crypto ETNs via ING Deutschland?

Buy Bitcoin, Ethereum, and Solana Safely! Can German Retail Investors now Access Crypto ETNs via ING Deutschland?

Key Takeaways ING now allows customers in Germany, the Netherlands, and Belgium to buy cryptocurrency ETNs directly through their regular securities accounts,...

Latest Blogs

Bitcoin Price Prediction 2025, 2026-2030: Can BTC Rally to $200K?

Will Bitcoin Reach $200k in the Future? Expert Bitcoin Price Predictions for 2025 and beyond The future direction of Bitcoin from 2025...

AI-Powered Crypto Trading Bots: The Hype, The Reality, & What Every Trader Must Know

Artificial Intelligence is transforming industries, and crypto trading is one of those affected by automation. AI-powered crypto trading bots promise emotionless execution...

Daily Trends in Web3, Crypto, AI & Blockchain

Introduction: Daily Trends in Web3 and Blockchain Technologies Web3 and blockchain technology enable users to control their data through digital standards which...

Meet the Bitcoin Founders: The Real People Behind the World’s First Cryptocurrency

Mystery of Bitcoin’s Founders The Bitcoin creator mystery has persisted for more than fifteen years because it combines technological elements with economic...

Related Articles

Bitcoin Price Prediction 2025, 2026-2030: Can BTC Rally to $200K?

Will Bitcoin Reach $200k in the Future? Expert Bitcoin Price Predictions for...

AI-Powered Crypto Trading Bots: The Hype, The Reality, & What Every Trader Must Know

Artificial Intelligence is transforming industries, and crypto trading is one of those...

Daily Trends in Web3, Crypto, AI & Blockchain

Introduction: Daily Trends in Web3 and Blockchain Technologies Web3 and blockchain technology...

Meet the Bitcoin Founders: The Real People Behind the World’s First Cryptocurrency

Mystery of Bitcoin’s Founders The Bitcoin creator mystery has persisted for more...