Optimism Proposes Using Half Its Revenue to Buy Back OP Tokens

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Optimism Foundation has outlined a shift in OP tokenomics: 50% of Superchain sequencer revenue would fund monthly OP buybacks from Feb 2026 via OTC ETH-to-OP swaps. Using last year’s inflows, it could deploy ~2.7k ETH (~$8m).
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Why Is Crypto Down Today? – January 8, 2026

The crypto market is down today. BTC fell 2.7% to $90,235, and ETH dropped 4.1% to $3,120. “BTC is trading in a choppy range, reflecting a fragile balance between monetary policy expectations, liquidity conditions, and global risk appetite.”
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