The new proposal introduces a buyback mechanism, planning to use 50% of the net income from the super chain sorter for token buybacks

The Optimism governance layer has passed a proposal to more closely tie the OP token's economic performance to the Superchain. This marks a significant shift in how token value and revenue usage are approached in one of Ethereum's largest Layer 2 ecosystems.

According to the proposal, the Optimism Foundation will use 50% of the net revenue from the Superchain sequencer during a 12-month pilot period starting in February for regular buybacks of OP tokens. The remaining revenue will continue to support the ecosystem fund, finance projects, and operations.

According to data from the Optimism on-chain governance portal, the proposal was approved with an 84.4% support rate after several days of discussion among representatives and token holders.

This initiative is Optimism's first formal attempt to link the demand for OP tokens with the activities of the Superchain full-chain network. The Superchain is an ever-expanding collection of chains built on the OP Stack, including the OP mainnet, Base, Unichain, World Chain, Soneium, Ink, and more.