Axia voted FOR this proposal. Aligning the OP token with Superchain success and revenue is an important step for Optimism as it continues to mature. The fundamental premise of this proposal: linking blockspace consumption across the Superchain to demand for OP —creates a sustainable tokenomics model.
That said, Axia will be closely monitoring this 12 month program and expects the following:
1.Comprehensive Dashboards
The Foundation mentioned publishing a dashboard to track execution data for the buyback. In addition, there should also be a dashboard that includes value alignment metrics that specifically demonstrate the relationship between the OP token price and Superchain revenue. For example:
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OP price correlation with Superchain revenue growth
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Net supply change (emissions vs. buybacks)
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Superchain transaction volume trends alongside OP price movements
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Revenue run-rate projections and their implications for future buyback capacity
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Buyback volume as a percentage of trading volume
2. Clear Success Metrics
By the end of the 12-month period, an analysis showing:
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Total OP acquired relative to market conditions
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Impact on token supply dynamics and holder value
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Community sentiment and delegate feedback
Looking forward to the buyback starting in February and tracking these metrics throughout the 12-month pilot.