The Optimism Foundation proposes monthly repurchase of OP for the Superchain, community voting is imminent

SerumDegen · 2026-01-20T15:20:12+00:00

The Optimism Foundation plans to allocate 50% of Superchain's revenue for monthly repurchases of OP tokens, with a vote scheduled for January 22, 2026. Analysts are optimistic about this proposal, believing that if approved, the token price could rebound. However, the current market sentiment for OP is rather bearish, with trading prices around $0.30, down 94% from its all-time high. The voting outcome will influence OP's future performance.

SerumDegen

2026-01-20 15:20:12

Abstract generation in progress

[Crypto World] Recently, the Lequan Foundation proposed an interesting idea — using 50% of Superchain’s revenue to conduct monthly buybacks of the OP token. This plan won’t take effect immediately but is scheduled for a community vote on January 22, 2026. If everyone agrees, the buyback program will officially start in February.

The logic behind this is quite simple: through monthly buybacks, the price of the OP token can keep pace with the growth of the Superchain ecosystem. It sounds reasonable; after all, as the ecosystem develops, the token economy should also rise accordingly.

However, the current market reaction is somewhat mixed. On one hand, analysts are optimistic about the potential boost this proposal could bring, with some expecting that after the vote passes, the price might rebound to the range of $0.52 to $0.75. On the other hand, OP’s current market performance is quite sluggish. As of January 20, the trading price of OP is around $0.30, down 94% from its all-time high in 2024, and overall market sentiment remains rather pessimistic.

Therefore, this vote is crucial. The outcome will largely determine OP’s future performance in the market. The community’s opinion will decide whether this new token economic plan for Superchain can truly take effect.

OP-0.13%

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GateUser-c802f0e8

· 01-22 14:41

Monthly buyback sounds good, but it has to be approved by voting to be valid, and we have to wait until February... The current market for OP is really sluggish.

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GateUser-a606bf0c

· 01-22 10:27

A 50% buyback sounds good, but I'm worried it might just be a PPT promise. I'm optimistic, but we'll have to wait for the voting results to know for sure.

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LiquidatedTwice

· 01-20 15:50

It's the same old buyback story again, sounds good but I'm afraid it's just a pie in the sky... --- Waiting for the voting results, anyway OP is now dead and silent, maybe this is the only lifeline --- 0.52 to 0.75? Haha, the analyst's words are full of lies, I bet it will drop below 0.3 --- Can Superchain's revenue really support monthly buybacks? Feels a bit uncertain --- Voting on the 22nd, taking effect on the 24th? The pace is quite fast, let's see if the community buys it --- I just want to know how this 50% is calculated, is it total revenue or net profit? The details are not clear --- Another positive outlook, another opportunity to trap people, I'm already tired of it --- Is OP saved? Looks to me like a drowning person struggling

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RektButAlive

· 01-20 15:48

Buyback? Sounds good, but I'm worried it might just be another empty promise... It has to be approved by voting to count.

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LostBetweenChains

· 01-20 15:43

Buybacks sound good, but I'm more concerned about whether the votes will actually pass. A bunch of people might still be waiting to buy in at a lower price.

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DustCollector