@dea-
Optimism Vote on Token Buybacks
The Optimism Foundation is launching a vote (https://x.com/i/status/2009282745466503506) proposing to allocate 50% of Superchain revenues to $OP token buybacks,
starting in Feb 2026.
The repurchased $OP will be sent to the Treasury and may later be burned or used as staking rewards.
Currently, Superchain holds 61.4% of the L2 market share and has generated 5,868 ETH in revenue over the past year.
If approved, this proposal would allow the $OP token to transition from a governance-only role to a token directly tied to Superchain’s growth.
The vote (https://gov.optimism.io/t/proposal-to-align-op-token-with-superchain-success/10527) is scheduled to begin on Jan 22
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