Optimism Proposes Plan to Commit 50% Superchain Revenue to Token Buybacks

The Optimism Foundation announced a governance proposal to allocate 50% of Superchain revenue toward monthly OP token buybacks. The initiative aims to directly link the value of the OP token to the growth of the Superchain ecosystem. The buybacks will be processed through an OTC provider for conversions, and a public dashboard will be created to ensure transparency.  

According to the disclosure, the repurchased tokens will be returned to the governance-controlled treasury. This initiative aims to transform OP into a token that reflects real economic growth. The 12-month program will begin in February 2026 if approved.

Details of the Buyback Program

The proposal outlines that half of all Superchain revenue, primarily from sequencer fees in ETH, will be allocated to monthly OP buybacks for one year. The remaining 50% of revenue will be managed by the Optimism Foundation for yield generation and ecosystem support. 

The proposal will see participating chains, including Base and Unichain, as well as other chains using the OP Stack, adhere to the Standard Rollup Charter. Most of these chains contribute either 2.5% of their revenue or 15% of their profits after deducting Ethereum fees, while the OP Mainnet contributes 100% of its net profits. 

Notably, this strategy has generated approximately 5,868 ETH for the Collective over the past 12 months. The governance team will oversee processes related to buybacks and treasury decisions, including potential token burns or staking rewards. Optimism’s main goal is to ensure that buybacks grow alongside the adoption and use of the Superchain.

Optimism’s Proposal Awaits Governance Vote

The proposal is currently in a Special Voting Cycle and requires 60% approval from the Joint House. An on-chain vote is scheduled for January 22, 2026, with discussions currently ongoing. The Superchain holds 61.4% of the Layer 2 fee market share and processes 13% of all crypto transactions, demonstrating its rapid growth.

Meanwhile, the successful approval of the proposal could greatly impact OP’s growth in the competitive Layer 2 landscape. The token is currently trading at approximately $0.316, with a market capitalization of $614 million. The buyback mechanism will enhance the token’s role in future decentralization projects, particularly in safeguarding the core infrastructure.

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