Foundation Completes Monthly Token Buyback Program
The protocol wrapped up its latest buyback initiative, acquiring 393,257 tokens at an average execution price of $0.076, representing a $30,000 commitment to the market.
What's noteworthy here is the funding source—the buybacks were entirely supported by 14% of core protocol fees collected during the period. This approach demonstrates how network economics can be structured to support token holders through systematic repurchases, effectively redirecting a portion of protocol revenue back into the token. It's a transparent mechanism that ties buyback activity directly to actual protocol performance and fee generation.
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DEXRobinHood
· 11h ago
Wow, this buyback model is quite interesting. The fees are directly converted into tokens to support, effectively returning protocol revenue to token holders... However, 393k tokens only equal $30,000 USD. The price is really a bit disappointing; we have to wait for the market to rebound.
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RugpullSurvivor
· 18h ago
Damn, another buyback? Can they really just hype themselves up? What's the point of this small amount of repurchase?
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WagmiWarrior
· 01-06 10:58
Damn, this time the buying pressure is pretty good, and the source of the fees is clear and transparent.
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Anon32942
· 01-05 21:01
The selling pressure is completely absorbed; defending the market is just defending the market, nothing more to say.
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WalletInspector
· 01-05 20:57
This buyback logic is actually pretty good, using 14% of protocol fees to support it, which is a way to give back the benefits to token holders... However, 393k tokens only amount to $30,000? The average price is $0.076. If you buy at this price, you'll have to see how the trend develops later.
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NotAFinancialAdvice
· 01-05 20:56
The buyback has started again, basically the same old logic...
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ProofOfNothing
· 01-05 20:53
Hmm... another buyback. This time, $30k invested. By the way, this price of 0.076 is quite interesting.
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SmartMoneyWallet
· 01-05 20:44
393,257 coins dumped at 0.076, which is basically 14% squeezed out of the fee. Do you really think this is a transparent mechanism? On-chain data shows that this wave of buying can't be sustained at all; the whales have already run away.
Foundation Completes Monthly Token Buyback Program
The protocol wrapped up its latest buyback initiative, acquiring 393,257 tokens at an average execution price of $0.076, representing a $30,000 commitment to the market.
What's noteworthy here is the funding source—the buybacks were entirely supported by 14% of core protocol fees collected during the period. This approach demonstrates how network economics can be structured to support token holders through systematic repurchases, effectively redirecting a portion of protocol revenue back into the token. It's a transparent mechanism that ties buyback activity directly to actual protocol performance and fee generation.