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Optimism Community Votes on OP Token Buyback Program Linked to Superchain Revenue
Source: CryptoNewsNet Original Title: Optimism community begins vote on OP token buybacks Original Link: The Optimism community started voting on a governance proposal linking the value of the OP token more directly to the economic performance of the Superchain, a growing network of Ethereum layer-2 blockchains built using the OP Stack.
If approved, the plan introduced by the Optimism Foundation will dedicate half the ether revenue generated by the Superchain sequencer to monthly buybacks of the OP token over an initial 12-month period.