- Beginning in February, Optimism plans to allocate 50% of Superchain’s income to month-to-month OP token buybacks.
- Superchain generated 5,868 ETH over the previous yr, accounting for 61.4% of L2 charges and 13% of cryptocurrency transactions.
- Aevo has burned 69 million AEVO tokens and can proceed to reward merchants with charge distributions linked to staking set for 2026.
The Optimism Basis has launched a governance proposal that restructures how income generated by superchains is distributed, with the aim of aligning OP tokens extra straight with community exercise. Underneath the proposal, 50% of the superchain’s income could be used to periodically purchase again OP tokens, with implementation anticipated to start in February, topic to governance approval.
Optimism makes cash from Superchain, a group of Ethereum layer 2 networks constructed utilizing the OP stack. Collaborating chains will donate a portion of their sequencer earnings to Optimism. In response to figures cited within the proposal, Superchain presently accounts for 61.4% of the layer 2 charge market and processes about 13% of all cryptocurrency transactions. Over the previous 12 months, Optimism has collected 5,868 ETH in income, all of which went to the treasury managed by Optimism Collective.
The brand new proposal would change this construction by directing half of future superchain revenues to month-to-month OP token purchases for the primary yr. The remaining ETH will proceed to be managed by the Optimism Basis inside the current framework authorised by its governance, together with the beforehand established staking program.
OP token buyback construction
OP tokens acquired via the buyback program will likely be returned to the token vault. Governance retains authority over how these tokens are dealt with because the system evolves, together with the potential for writing and redistribution as staking rewards. The muse mentioned governance will even oversee the parameters governing the buyback course of and monetary administration.
Moreover, this proposal permits for extra lively administration of the portion of ETH not allotted for buybacks. This contains funding improvement and coordinating financial exercise throughout the superchain whereas sustaining governance oversight.
Aevo token motion on OP stack
A associated shift in token economics can also be rising from initiatives constructed on prime of the OP stack. Aevo, an OP Stack-based layer 2 community, revealed that it has burned 69 million AEVO tokens from circulation, representing 6.9% of its whole provide. The write was carried out below the AGP-3 framework and recorded on Ethereum, and Aevo mentioned this motion reset the circulating provide following an early stage of the protocol.
Aevo additionally confirmed that its rewards program, Epoch 5, continues. Throughout this era, 1,000,000 AEVO tokens will likely be distributed to merchants. Reward allocation is tied to buying and selling exercise, and staking multipliers are influenced by buying and selling quantity in every epoch.
Moreover, Aevo acknowledged that staked AEVO tokens entitle holders to obtain a portion of collected Uniswap V3 liquidity supplier charges. Distribution of those charges is scheduled for June 2026, including the deferred part to the mission’s current staking and buying and selling reward construction.
Associated: Optimism (OP) buying and selling quantity surges 303% after Upbit itemizing announcement
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