Optimism Proposes OP Token Buyback with Superchain Revenue

The Optimism Foundation unveiled a proposal to buy back OP tokens using 50% of Superchain revenue starting February, pending a governance vote on January 22.

This initiative seeks to link OP token value directly with Superchain’s financial success, potentially influencing token demand and ecosystem expansion.

Optimism Eyes 50% Revenue for OP Token Buybacks

The Optimism Foundation has suggested a new strategy to enhance the link between OP tokens and the Superchain’s growth. Starting in February, 50% of the revenue generated from the Superchain will be allocated for buying back OP tokens. Governance approval of this plan is pending with a vote on January 22.

The proposal marks a change from previous practices, where all revenue was directed to a governance-controlled treasury. As reported by the Optimism Foundation, “This proposal introduces a buyback mechanism using 50% of Superchain revenue to buy the OP token.” The initiative aims to broaden OP’s role, aligning the token closer with the network’s economic success.

Communities and developers have been active on Optimism’s governance forums, discussing the proposal’s potential impact. While official comments from major industry figures are not yet documented, community feedback continues to shape the conversation.

Broader DeFi Trends and Potential Outcomes for OP Price

Did you know? The shift in OP’s utility reflects a broader trend in DeFi where protocol revenues are used to enhance token value, a strategy seen in other ecosystems.

As reported by CoinMarketCap, Ethereum (ETH) is valued at $3,093.43, with a market cap slightly over 373 billion USD. Ethereum dominates 12.06% of the market, with a 24-hour trading volume of approximately 23 billion USD, reflecting a slight daily decrease of 1.51%.

Coincu research insights suggest that this proposal could stabilize OP’s price by aligning market perceptions with broader financial and network developments. Should it gain community approval, the Superchain’s revenue alignment may serve as a case study for integrating economic incentives within DeFi ecosystems.