Gate Square “Creator Certification Incentive Program” — Recruiting Outstanding Creators!
Join now, share quality content, and compete for over $10,000 in monthly rewards.
How to Apply:
1️⃣ Open the App → Tap [Square] at the bottom → Click your [avatar] in the top right.
2️⃣ Tap [Get Certified], submit your application, and wait for approval.
Apply Now: https://www.gate.com/questionnaire/7159
Token rewards, exclusive Gate merch, and traffic exposure await you!
Details: https://www.gate.com/announcements/article/47889
The optimism ecosystem is brewing a new development. According to the latest proposal, half of the revenue generated by the super chain will be used for repurchasing the native OP tokens.
This idea sounds promising—using a buyback mechanism to stabilize prices and enhance token value is exactly what many community members have been hoping to see. But the key lies in the implementation. If this proposal is actually put into practice, could it become a turning point for the OP ecosystem? It's still too early to tell.
From a mechanism design perspective, using 50% of the revenue for buybacks is quite substantial. For long-term holders, such measures usually boost confidence. However, the scale of the super chain's revenue, the execution cycle of the buybacks, and the actual market impact—all these details need further observation.
Interested parties can follow OP's subsequent official updates to see how this proposal will ultimately be carried out.