$OP average price 0.315 like this, quantity close to 800,000.
This asset actually hesitated for a long time; before seeing OP's announcement of回购 50% of revenue, I had thrown all L2 tokens into the trash.
Now the reasons to build a position:
1. OP's current revenue isn't high, expecting a price surge from 50% of that revenue isn't realistic, but personally, the significance of this move lies in OP's complete shift from a pure governance token to an asset tied to Superchain economic activities. Extra financial value has never been purely mathematical.
2. OP's upcoming sell pressure isn't excessive; at the current pace, the unlock will be mostly completed by May this year. Unlike ARB, which will still face high sell pressure afterward, making it hard to enter long positions. Additionally, other L2 tokens have been abandoned by the market for two years, and current prices are relatively acceptable.
3. OP Superchain model: when we buy OP now, we're essentially buying a basket of top-tier L2 revenue rights (revenue buybacks), not just OP's native chain token. This means even if Optimism's main chain performs poorly in the future, as long as other members of the Superchain thrive, OP's value can still be supported. It's similar to holding an ETF, significantly reducing single-token risk.
(Currently, the L2s joining OP Superchain are Base, Unichain, World Chain, Ink—these all remit 15% of their revenue or 2.5% of their profits (whichever is higher) to OP—each with extremely strong backgrounds)
Given this, it's time to enter. A long-term investment.
