This proposal does not add meanginful value to Optimism: Voting No
Value-add: Buy & Burn mechanism - unnecessary use of funds
Amount: High
Op distribution: Bad
Co-incentives: None
Ethereum infrastructure including ETH2 Validator Nodes are indeed a public good that deserves funding. The incentives for entities & individuals are good enough to decentralize the network. This proposal may resonate well with some people that like the buyback and want to push the Op price up but there is much better ways to use the money, incentivize builders and grow the ecosystem in the long-term. Basically, you’d be a vehicle/fund raising money to invest in nodes and give 5%+ return and we don’t want to see this now.