Optimism is taking a significant step towards enhancing the value of its OP token with the introduction of a new buyback program. Set to launch in February 2026, this initiative aims to stabilize the token's market performance and provide a boost to its holders. The source reports that this program is expected to create a more favorable trading environment for investors.
Pilot Program Overview
The pilot program will last for 12 months and will allocate 50% of the net sequencer revenue for the repurchase of OP tokens. This strategic move is designed to create a consistent demand for the token, potentially increasing its value over time.
Buyback Strategy
To minimize price disruption and mitigate market volatility, the buybacks will be conducted through monthly over-the-counter swaps. This approach is expected to provide a smoother execution of transactions, ensuring that the market remains stable while the buybacks are in progress.
The Optimism Foundation previously announced its OP token buyback program set for February 2025, aimed at enhancing token value through reduced circulating supply. For more details, see more.
