New: This proposal implements the Joint House Voting. Learn more about how the two houses work together here: Operating Manual.
No Proposed Transactions
This vote will be subject to Joint House approval at a 60% approval threshold.
This proposal would authorize a 12 month program, dedicating 50% of incoming Superchain revenue to buying back OP, beginning in February. The purchased OP will be held in the Collective treasury, along with the remaining sequencer ETH.
If approved, the Foundation will partner with an OTC provider to execute monthly conversions of ETH to OP.
Read the full proposal here
SUCCEEDED
