Optimism floats OP buyback proposal using Superchain revenue

Optimism has proposed a buyback plan for its OP token, utilizing revenue generated from its Superchain initiative. The proposal aims to enhance the value of the OP token by repurchasing it from the market. This move is part of Optimism's broader strategy to strengthen its ecosystem and incentivize community engagement. The buyback is expected to be funded through a portion of the revenue collected from the Superchain, which is designed to facilitate cross-chain transactions. The community will vote on the proposal to determine its implementation.

Read the full article: Coin Telegraph

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