The Optimism Foundation recently announced an interesting proposal. Starting from February, they plan to implement a one-year program to allocate 50% of the revenue generated by the Superchain ecosystem (including Base, Unichain, World Chain, and other ecological chains) to buy back OP tokens.
The numbers look quite substantial. Over the past 12 months, Optimism has earned 5868 ETH, and according to this ratio, approximately 2934 ETH will be used for OP buybacks. These repurchased tokens will not be sold off immediately but will enter the collective treasury of OP. How will they be used later? Burning, ecosystem incentives, or rewarding holders who contribute to network security are all within the scope of consideration.
Another highlight of the proposal is the authorization for the foundation to manage the remaining Ethereum assets more flexibly. By staking, providing liquidity, and supporting ecosystem projects, they aim to increase returns and avoid lengthy governance processes each time. This approach can improve capital efficiency and accelerate ecosystem development. It seems that Optimism is trying to shift from a mere allocator to a more proactive operator.
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OnchainDetectiveBing
· 9h ago
This buyback is pretty solid, with 2,934 ETH dumped into the treasury, which is better than just dumping the market.
OP is probably trying to imitate Uniswap's approach—managing their own funds and not voting on everything.
But the key still depends on how they use it moving forward—whether for burning or incentives, the difference is huge.
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LiquidationKing
· 20h ago
Forcefully extracting 2934 ETH from the liquidity pool for buyback. I’m familiar with this trick. Let’s see if OP can withstand the upcoming selling pressure.
The Base ecosystem is so hot that they finally decided to share some of the profits with token holders. Better late than never.
Talking about flexible asset management—it's just a way to give themselves more power. The centralized vibe is a bit strong.
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MevHunter
· 01-08 16:51
The buyback力度 is okay this time, but the key is how to use those 2934 ETH afterward, and not turn it into the foundation's small treasury again.
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ruggedSoBadLMAO
· 01-08 16:48
Wow, this buyback力度 is really aggressive, 2934 ETH. But who knows if this will ultimately go into the national treasury or if it will cause a dump.
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ShitcoinConnoisseur
· 01-08 16:46
The buyback operation this time is pretty good, but the key is where these OPs ultimately flow... It would be great if they can be truly burned, but I'm worried it might just become the foundation's little treasury again.
The Optimism Foundation recently announced an interesting proposal. Starting from February, they plan to implement a one-year program to allocate 50% of the revenue generated by the Superchain ecosystem (including Base, Unichain, World Chain, and other ecological chains) to buy back OP tokens.
The numbers look quite substantial. Over the past 12 months, Optimism has earned 5868 ETH, and according to this ratio, approximately 2934 ETH will be used for OP buybacks. These repurchased tokens will not be sold off immediately but will enter the collective treasury of OP. How will they be used later? Burning, ecosystem incentives, or rewarding holders who contribute to network security are all within the scope of consideration.
Another highlight of the proposal is the authorization for the foundation to manage the remaining Ethereum assets more flexibly. By staking, providing liquidity, and supporting ecosystem projects, they aim to increase returns and avoid lengthy governance processes each time. This approach can improve capital efficiency and accelerate ecosystem development. It seems that Optimism is trying to shift from a mere allocator to a more proactive operator.