Rewards Hub Optimism, the Ethereum Layer 2 network, has announced a proposal to allocate 50% of Superchain's revenue towards buying back OP tokens. This initiative, set to begin in February, aims to strengthen the connection between the OP token and Superchain's success. The Optimism Foundation plans to adjust its capital allocation strategy to invest more effectively in Superchain, thereby enhancing the role of OP tokens within the ecosystem. This move addresses funding allocation challenges faced by DAOs and seeks to bolster the value and utility of OP tokens.
Optimism to Allocate 50% of Superchain Revenue for OP Token Buybacks
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