Optimism DAO Considers Monthly Buyback of OP Tokens

Optimism DAO is currently voting on a proposal to allocate 50% of Superchain revenue for the monthly buyback of OP governance tokens. According to NS3.AI, this proposal has ignited a debate among delegates. Proponents see it as a beneficial move to bolster the token's price, while opponents warn it could deplete capital and undermine the project's financial stability. The plan involves conducting buybacks over-the-counter, which has led to concerns about their real effect on market prices and the possibility of misuse.