The Optimism community has officially begun voting on a new governance proposal aimed at more closely aligning the value of the OP token with the economic performance of the Superchain—a growing network of Ethereum layer-2 blockchains built using the OP Stack. The proposal was introduced by the Optimism Foundation and represents a significant shift in how OP may capture value from network usage.
If approved, the plan would allocate 50% of the Superchain’s ETH sequencer revenue toward monthly OP token buybacks during a 12-month pilot phase. According to the Foundation, this initiative is designed to strengthen the link between OP and real economic activity across the Superchain, moving the token beyond a purely governance-focused role.
Over the past 12 months, the Superchain has generated approximately 5,868 ETH in sequencer revenue. Under the proposed framework, around 2,700 ETH—equivalent to nearly $8 million at current market prices—could have been used to repurchase OP tokens. These buybacks would be executed on a recurring basis, introducing a consistent demand mechanism tied directly to network usage.
The proposal reflects a broader trend among layer-2 ecosystems to improve token economics by connecting protocol revenue with tokenholder value. By recycling a portion of sequencer earnings back into OP, Optimism aims to better align incentives across users, developers, and governance participants.
Voting on the proposal is currently underway and is scheduled to conclude on January 29 at 02:00 UTC. The outcome could set an important precedent for how Superchain-based networks approach sustainable token value capture going forward.
This article is for informational purposes only and represents a personal blog-style analysis. It does not constitute financial or investment advice. Readers should conduct their own research before making any investment decisions. The author assumes no responsibility for individual investment outcomes.
👉 Follow for more updates on crypto governance, layer-2 ecosystems, and on-chain developments.
#OP #Ethereum #Layer2