2026-01-08 16:28:39

The Optimism Foundation has recently taken a noteworthy action — they plan to use half of the revenue from the super chain to buy back OP tokens. In simple terms, this ties the value of OP to the growth of the super chain.

According to the plan, if the vote on January 22nd passes, implementation will begin in February. The repurchased tokens will be stored in a treasury, and then either burned or distributed as staking rewards.

From the data, over the past year, Optimism has collected 5868 ETH from the super chain, all of which went into the governance treasury. Originally, this money was mainly used for ecosystem development and operations, but now half of it will be used for self-enhancement. The logic behind this approach is clear: when the token becomes more valuable, the ecosystem can attract more participants.

OP-0,84%

ETH0,99%

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SatoshiHeir

· 11h ago

It should be pointed out that this logic was already demonstrated in 2015—token buybacks essentially use the cash flow from the ecosystem treasury to beautify itself, which is clearly a projection of fiat thinking in Web3. According to the spirit of the white paper, funds should flow into technological fundamentals and developer incentives, not used to speculate on one's own tokens. Laughs, another self-reinforcing financial game... However, on-chain data indeed shows what it means to be caught between a rock and a hard place—5868 ETH sitting there, not using it is also a waste. But doing so ties the ecosystem fund and token interests together, exposing the risks very thoroughly. Undoubtedly, if the vote passes, this will set a new standard in the L2 track. I just want to see how long this half-year buyback can last when the market cycle reverses.

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GasFeeCrier

· 01-09 13:24

Well, I have to admit, I’m impressed with this logic. It’s really clever. OP’s self-rescue awareness is pretty good this time. Wait, is it destruction or rewards? These two options are way too different. Buying back their own tokens—does this kind of play seem a bit like self-entertainment? I'm a bit worried this might be accused of market manipulation. But as long as the plan is very clear, that’s what matters. Just talking about ecosystem development isn’t enough; you need to put in the money directly. Spending over 5,000 ETH for self-rescue shows they are well-prepared. Is there a high chance the vote will pass? Is there anyone opposing?

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HallucinationGrower

· 01-09 11:37

Isn't this just a self-reinforcing game, a typical inflation spiral?

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SerumSquirter

· 01-08 16:57

This move is indeed awesome, boosting your own confidence.

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DeFiVeteran

· 01-08 16:52

I'm too familiar with this routine. Under the guise of self-enhancement, it's basically market manipulation. --- Wait, taking half of the income for buybacks? How will the ecosystem development be handled? --- Basically, it's the tokenomics approach: OP needs to be valuable to retain users. The logic isn't flawed. --- Using 5868 ETH to buy back half—this is indeed betting on itself. --- Staking rewards are pretty good, but burning tokens... that's a bit too aggressive. --- Honestly, this is much better than just burning money. At least it's creating a positive feedback loop. --- The key is whether the votes can pass and if the community agrees. --- It seems like the entire L2 is adopting this self-enhancement approach. Is OP just following the trend or genuinely aiming for a new level? --- From earning on the super chain to self-circulation, this gameplay has been upgraded. --- Hmm... Spending money early to build the ecosystem, then using the profits to maintain the price—that's the cycle.

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BuyHighSellLow

· 01-08 16:51

Haha, isn't this just self-motivation? Buying back OP is like betting that the ecosystem will become more prosperous, but with on-chain activity so sluggish right now, is this really feasible?

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MetaMasked

· 01-08 16:49

OP is really clever this time, cheering himself up.

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SoliditySlayer

· 01-08 16:47

Wow, this move is quite interesting. Binding token value to ecosystem growth is indeed clever. To be honest, I'm still a bit cautious about buybacks. I'm worried it's just the old trick of cutting leeks again. Using over 5,000 ETH to enhance myself? That sounds good in theory, but in reality, it's just to support the token price, right? What are the chances of the vote passing? I heard the OP community is divided. Wait, destroying tokens or staking rewards—it's still up to the foundation's mood, isn't it? I'm already tired of this self-destructive buyback approach. What should really be done is to use the money for developers. Don't make it so complicated. Just say it: Does OP need this to rescue the market?

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