Optimism Approves Buyback Plan to Strengthen OP Token Value

Starting next month, Optimism will allocate half of its Superchain revenue for OP token buybacks, enhancing its ecosystem's sustainability.

The Optimism blockchain network has made a pivotal decision to initiate a buyback program aimed at reinforcing the value of its OP token. Commencing next month, the platform will divert 50% of its Superchain revenue to repurchase its own tokens, which will be retained for future utilization within its ecosystem.