The Optimism Foundation has proposed using 50% of Superchain fee revenue to fund regular buybacks of the OP token.
The plan aims to directly link OP’s value to network performance by conducting monthly repurchases that return tokens to the treasury.
Optimism Grants Council member Michael Vander Meiden said the proposal would end OP’s status as a “useless gov token” by tying it to on-chain activity.
Under the proposal, bought-back tokens could be burned or later distributed as staking rewards, subject to governance oversight.
The foundation said governance would retain control over buyback parameters and treasury management as the system evolves.
Optimism said the move is part of a broader effort to expand OP’s role beyond governance and align it with Superchain growth.
Future uses for OP could include securing shared infrastructure, coordinating sequencer rotation and managing core protocol governance.
The Superchain currently accounts for 61.4% of layer-2 fee market share and processes 13% of all crypto transactions, the team said.
Optimism’s Superchain launched in February 2023 and includes multiple layer-2 networks built on the OP Stack.
The OP token fell nearly 83% in 2025 and has yet to show a significant price recovery following the proposal.
At the time of reporting, Optimism price was $0.3168.