dYdX: Will use 25% of the net protocol fees to buy back market tokens
According to official news from dYdX, the decentralized exchange dYdX has announced the launch of its first $DYDX token buyback program. Starting from today, the platform will use 25% of the net protocol fees every month to repurchase DYDX tokens from the open market.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Georgia signs memorandum of understanding with Hedera to explore on-chain real estate registration and tokenization
Parataxis Holdings plans to acquire Sinsiway for $27 million and transform it into an ETH asset management company.
Data: Suspected Mantle core contributor address transfers $4.5 million worth of MNT tokens to Mirana Ventures