Optimism Governance Approves OP Buybacks Using Protocol Revenue

The Optimism governance community has approved a major change to the OP token’s economic model, voting to allocate 50% of net protocol revenue toward recurring OP token buybacks. The proposal was finalized on January 29, 2026, passing with 84. 4% support source: https://www.ethnews.com/optimism-governance-approves-op-buybacks-using-protocol-revenue/