The Optimism Foundation recently announced a major news—starting from February this year, they will allocate 50% of the revenue from Superchain to buy back OP tokens, executing this once every month. In simple terms, this is reshaping the governance token economic model of OP.
The core logic is straightforward: the protocol's earnings are now directly returned to token holders. By continuously conducting market buybacks to create buying pressure, this is called stock repurchase in traditional finance, now brought into the crypto world.
In the short term, stable purchasing power will definitely support the OP token price. But whether it can truly enhance OP's economic attractiveness in the long run depends on whether Superchain's revenue growth can keep up. However, from another perspective, this move by the foundation sends a strong signal—they are not just talking the talk, but are actually using real funds to support the token. Such an attitude is still relatively rare in on-chain governance.
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The Optimism Foundation recently announced a major news—starting from February this year, they will allocate 50% of the revenue from Superchain to buy back OP tokens, executing this once every month. In simple terms, this is reshaping the governance token economic model of OP.
The core logic is straightforward: the protocol's earnings are now directly returned to token holders. By continuously conducting market buybacks to create buying pressure, this is called stock repurchase in traditional finance, now brought into the crypto world.
In the short term, stable purchasing power will definitely support the OP token price. But whether it can truly enhance OP's economic attractiveness in the long run depends on whether Superchain's revenue growth can keep up. However, from another perspective, this move by the foundation sends a strong signal—they are not just talking the talk, but are actually using real funds to support the token. Such an attitude is still relatively rare in on-chain governance.