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dYdX Foundation: Cumulative Repurchase Value of $1.87 Million DYDX Tokens Since Launch of Buyback Program
Summary: dYdX Foundation announced that since launching the DYDX buyback program in March, they have repurchased 2.86 million DYDX tokens worth $1.87 million. The next round will repurchase 593,570 DYDX tokens, with 100% of repurchased tokens used for staking. On March 24, dYdX officially stated that they will repurchase DYDX tokens from the open market using ...
dYdX Foundation announced that since launching the DYDX buyback program in March, they have repurchased 2.86 million DYDX tokens worth $1.87 million. The next round will repurchase 593,570 DYDX tokens, with 100% of repurchased tokens used for staking.
On March 24, dYdX officially stated that they will repurchase DYDX tokens from the open market using 25% of the net fees generated by the dYdX protocol each month, further strengthening their long-term commitment to the ecosystem.
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Link: dYdX Foundation: Cumulative Repurchase Value of $1.87 Million DYDX Tokens Since Launch of Buyback Program [Copy]
