PANews reported on January 29th that, according to CoinDesk, the Optimism governance team passed a proposal with 84.4% of the votes in favor to use 50% of the Superchain sequencer's net revenue to periodically buy back OP tokens on the open market. This 12-month pilot program, launching in February, aims to directly link the value of OP tokens to the economic performance of Superchain.
According to the proposal, the remaining revenue will continue to be used for ecosystem funding, grants, and operations. The OP tokens obtained from the buyback will be deposited into the Optimism Collective treasury, and their subsequent use (such as staking, incentives, or burning) will be determined by future governance decisions. The foundation's executive director stated that this is an important step in expanding the role of the OP token, helping to achieve synergy between token value and ecosystem development.
