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TechFlow reports that on January 29, the joint council proposal submitted by the Optimism Foundation has been approved. The proposal authorizes a 12-month program to allocate 50% of Superchain revenue toward repurchasing OP tokens; the buyback program will launch in February, and the repurchased tokens will be returned to the treasury for future use in token burns or as staking rewards.
The joint parliamentary proposal submitted by the Optimism Foundation has been approved. The proposal authorizes a 12-month program to allocate 50% of Superchain revenue toward repurchasing OP tokens; the buyback program will launch in February, and the repurchased tokens will be returned to the treasury for future use in token burns or as staking rewards.
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