yyy|Aug 09, 2026 15:09
Optimism and Arbitrum are pretty much on the same level.
The OP buyback only stayed strong for 3 months and seems to have stopped.
@Optimism's buyback proposal for optimism:native was approved in January this year and officially started in February. It planned to use 50% of the Superchain revenue for monthly OTC buybacks of optimism:native over a 12-month period.
Based on the official buyback wallet address and on-chain data, Optimism completed buybacks for a total of 3 months (February to April), accumulating approximately 9.45 million optimism:native tokens.
Since May 1, not a single optimism:native token has been bought back.
It’s still unclear if this is related to @base’s earlier announcement about leaving the OP Superchain.
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