In a landmark decision, the Optimism governance community has voted to revamp the economic model of OP tokens, aiming to enhance their value and utility. This move, finalized on January 29, 2026, reflects a growing trend among blockchain projects to align token economics with user engagement and protocol performance. The analytical report published in the material substantiates the following: the new model is expected to drive increased participation and investment in the ecosystem.
Overwhelming Support for the Proposal
The proposal received overwhelming support, with 844 votes in favor, indicating strong community backing for the initiative. Under the new model, 50% of net protocol revenue will be allocated to recurring buybacks of OP tokens, creating a direct correlation between the activity on the protocol and the demand for its tokens.
Significant Shift in Token Utility
This shift marks a significant departure from the previous framework, where OP tokens primarily served as governance assets without a direct economic incentive tied to their usage. By linking revenue generation to token buybacks, the Optimism community aims to bolster the value of OP tokens and encourage greater participation in the ecosystem.
The Optimism Foundation previously announced the upcoming launch of its OP token buyback program, set for February 2025, which aims to enhance token value by reducing circulating supply. This initiative complements the recent governance decision to revamp OP token economics. For more details, see read more.
