Home Optimism Approves OP Token Buyback Linked To Superchain Revenue

Optimism Approves OP Token Buyback Linked To Superchain Revenue

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

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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.

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