The Optimism Foundation just rolled out a new strategy: regular monthly OP token buybacks. This move signals a pretty bullish stance on the protocol's own token value. By consistently repurchasing OP from the market, the foundation is essentially putting its money where its mouth is—reducing circulating supply while demonstrating confidence in the ecosystem's long-term prospects. It's worth noting how this aligns with broader Web3 governance trends where projects actively manage their token dynamics rather than leaving things to pure market forces. The buyback mechanism could help stabilize OP's price performance and reward long-term holders who believe in Optimism's Layer 2 scaling mission.

OP0.59%
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0xSunnyDayvip
· 22h ago
Monthly repurchase of OP? Alright, let's see if the foundation is genuinely sincere or just harvesting retail investors.
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ContractExplorervip
· 22h ago
Monthly buyback? Now that's truly believing in yourself, unlike some projects that just talk but don't take action.
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NftBankruptcyClubvip
· 22h ago
Whoa, monthly buyback? Are they trying to pump money to support the market or do they really believe in it?
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failed_dev_successful_apevip
· 22h ago
Is this buyback really happening or just another hype?
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HashRateHustlervip
· 22h ago
Monthly buyback, this really shows confidence.
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GlueGuyvip
· 22h ago
OP's official buyback operation is somewhat substantial, but it depends on how much they can pour in afterward to make it count.
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BuyHighSellLowvip
· 22h ago
Damn, Optimism's buyback is really aggressive. Finally, a project dares to spend money.
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