Token buybacks spent $880M+ last year, but prices stalled anyway – one number now decides if they work
Optimism introduced a 12-month token buyback program on Jan. 8, allocating 50% of Superchain income to month-to-month OP token purchases beginning in February. The buyback strain is estimated at roughly $9.1 million yearly, primarily based on the previous yr’s 5,868 ETH in collected charges. The proposal frames the shift as a transition from pure governance…
