The Optimism Foundation plans to allocate 50% of Superchain revenue to monthly OP token buybacks starting February 2026, shifting the network’s tokenomics strategy. The buyback mechanism will operate on sequencer revenue from various chains, deploying about $8 million in OP purchases annually. Tokens purchased will be burned, distributed, or used for ecosystem expansion.

This initiative aims to increase OP token demand and support Superchain expansion. The Foundation will partner with an OTC provider to execute monthly ETH to OP conversions, starting in February. The program will pause if revenue falls below $200,000 or if the provider cannot execute under maximum fee spreads.

As the Layer-2 landscape consolidates around Base, Arbitrum, and Optimism, the Superchain model leverages this concentration to drive revenue and development. Despite fee wars, Base generated $55 million in profit in 2025. Optimism is building infrastructure for long-term sustainability and selected Ether.fi as its liquid staking partner on OP Mainnet.

The governance proposal is under scrutiny for bundling two distinct policy decisions into one vote. Concerns have been raised about the risks of approving expanded discretionary power primarily for price appreciation. The proposal moves to a vote in Special Voting Cycle #47, requiring Joint House approval at a 60% threshold.

If approved, the Foundation will enter agreements with an OTC provider and track monthly conversions. The program will run for twelve months before re-evaluation, with potential on-chain execution through Protocol Upgrade 18. At present, OP trades at $0.31, down 1% in the past 24 hours.

Read more at Yahoo Finance: Optimism Proposes Using Half Its Revenue to Buy Back OP Tokens