Haciyev Reşit 
A notable development has taken place within the Optimism ecosystem. The Optimism Foundation has publicly announced a new OP token buyback program covering a significant portion of Superchain revenues. This move is being viewed as one of the long-anticipated strategic steps within the ecosystem. Following the announcement, a short-term reaction was observed in OP’s price, while investors and analysts have now turned their attention to the vote scheduled for January 22.
Optimism’s Strategic Buyback Decision
According to the governance proposal announced by the Optimism Foundation, 50% of the revenues generated from the Superchain ecosystem will be used for OP token buybacks. If the proposal is approved in the vote on January 22, the buyback program is expected to be implemented starting in February.
This initiative aims to strengthen OP’s economic model and support its long-term value proposition within the ecosystem. Under the proposal, the repurchased OP tokens will be transferred directly to the treasury, allowing greater control over supply. These tokens may later be burned or distributed through mechanisms such as staking rewards, enabling them to contribute to the ecosystem in multiple ways. As a result, OP is expected to take on a more substantial economic role directly tied to Superchain’s growth, rather than serving solely as a governance token.
How Will the Repurchased OP Tokens Be Used?
According to the proposal details, there are two primary scenarios for the repurchased OP tokens. They may either be burned or distributed as part of staking rewards. This approach is intended to transform OP from a purely governance-oriented token into an asset with a direct economic role aligned with Superchain’s expansion. In the long term, this strategy is considered an important step for supply management and ecosystem incentives.
The Optimism team emphasizes that over the past five years, the OP Stack has evolved from a simple Ethereum scaling experiment into a default infrastructure for developers. According to the announcement, Superchain now controls 61.4% of the Layer-2 (L2) fee market and processes approximately 13% of all crypto transactions. These figures are reported to be steadily increasing, further reinforcing Optimism’s central position within the L2 ecosystem.
Superchain Revenue Model and Treasury Structure
Optimism’s revenue model is built on Superchain networks developed using the OP Stack. These include major projects such as Base, Unichain, Ink, World Chain, Soneium, and OP Mainnet. These networks share a portion of their sequencer revenues with Optimism. Over the past 12 months, this model has generated a total of 5,868 ETH in revenue. All of these funds have been allocated to a governance-controlled treasury and reserved for use in line with ecosystem growth.
The new governance proposal recommends allocating 50% of Superchain revenues on a monthly basis for OP token purchases over the next year. The remaining ETH revenues may be managed more actively by the Optimism Foundation, in addition to the existing staking program, under a more dynamic treasury management framework.
Statement from Optimism Officials
“We aim to strengthen the role of the OP token within the ecosystem and directly link it to Superchain’s growth. This buyback program represents a critical step toward long-term sustainability.”
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