Optimism Proposes OP Buybacks Using 50% of Superchain Revenue

Source: CoinEdition Original Title: Optimism Proposes OP Buybacks Using 50% of Superchain Revenue Original Link:

Overview

• Optimism plans to allocate 50% of Superchain revenue to monthly OP token buybacks starting February.
• Superchain generated 5,868 ETH in the past year, with 61.4% of L2 fees and 13% of crypto transactions.
• Aevo burned 69M AEVO tokens and continues trader rewards with staking-linked fee distributions set for 2026.

Superchain Revenue Allocation Proposal

The Optimism Foundation has introduced a governance proposal that would restructure how revenue generated by the Superchain is allocated, with the stated goal of aligning the OP token more directly with network activity. Under the proposal, 50% of incoming Superchain revenue would be used to buy back OP tokens regularly, with implementation expected to begin in February, subject to governance approval.

Optimism earns revenue from the Superchain, a collection of Ethereum layer-2 networks built using the OP Stack. Participating chains contribute a portion of their sequencer revenue to Optimism. According to figures cited in the proposal, the Superchain currently accounts for 61.4% of the layer-2 fee market and processes approximately 13% of all crypto transactions. Over the past 12 months, Optimism collected 5,868 ETH in revenue, all of which was directed to a treasury governed by the Optimism Collective.

The new proposal would alter this structure by redirecting half of future Superchain revenue toward monthly OP token purchases over an initial one-year period. The remaining ETH would continue to be managed by the Optimism Foundation within existing governance-approved frameworks, including previously established staking programs.

OP Token Buyback Structure

OP tokens acquired through the buyback program would be returned to the token treasury. Governance would retain authority over how these tokens are handled, including possible burning or redistribution as staking rewards, as the system evolves. The Foundation stated that governance would also oversee the parameters controlling the buyback process and treasury management.

Additionally, the proposal would permit more active management of the ETH portion not allocated for buybacks. This includes funding development and coordinating economic activity across the Superchain, while maintaining governance oversight.

Aevo Token Actions on the OP Stack

Related token-economics changes have also emerged from projects built on the OP Stack. Aevo, an OP Stack-based layer-2 network, disclosed that it burned 69 million AEVO tokens from circulation, representing 6.9% of the total supply. The burn was executed under its AGP-3 framework and recorded on Ethereum, with Aevo stating that the action reset circulating supply following earlier phases of the protocol.

In accordance with AGP-3, Aevo burnt 69 million AEVO tokens from circulation (6.9% of total supply) to signal a fresh start and demonstrate commitment to token value preservation.

Aevo also confirmed that Epoch 5 of its rewards program remains ongoing. During this period, 1,000,000 AEVO tokens are scheduled for distribution to traders. Reward allocations are tied to trading activity, with staking multipliers influenced by trading volume during each epoch.

Additionally, Aevo stated that staked AEVO tokens will entitle holders to a share of the accumulated decentralized exchange liquidity provider fees. These fee distributions are scheduled for June 2026, adding a deferred component to the project’s existing staking and trading reward structure.