Compass Investments Optimism votes to approve highly contested OP buyback

📌 Optimism votes to approve highly contested OP buyback program – Executives at Optimism Collective have officially passed a proposal that commits 50% of Superchain sequencer revenue to buy back the company’s OP token. The buyback strategy will start in February and make use of over-the-counter (OTC) providers to convert the Ethereum from the sequencer into

Optimism Collective executives approved a contested plan to commit 50% of Superchain sequencer revenue to buy back the protocol’s token. Ethereum

$ETH

Optimism Collective executives approved a contested plan to commit 50% of Superchain sequencer revenue to buy back the protocol’s token.

Buybacks start in February, using OTC providers to convert the sequencer’s #Ethereum proceeds into off‑market purchases of #OP

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