Home Optimism Proposes OP Buybacks Using Half Of Superchain Revenue

Optimism Proposes OP Buybacks Using Half Of Superchain Revenue

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

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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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