Resolv announces the launch of a buyback program, with buybacks already executed at an average price of $0.16.
ChainCatcher reported that Resolv has announced the launch of a buyback program, with the initial allocation set at 75% of core protocol fees.
Each week, a portion of the fees will be used to purchase RESOLV tokens on the open market. These tokens will be transferred to the foundation's reserves and removed from circulation.
The buyback has now commenced, with approximately 1 million RESOLV tokens purchased at an average price of $0.16.
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
Fed's Bostic: Further Rate Cuts Would Pose Risks to Inflation and Inflation Expectations
Fed's Bostic: Employment and inflation mandates face risks, with inflation risks being more pronounced
Bostic: A slowdown in the job market will significantly impact economic weakness
Fed's Bostic: Failing to Meet Inflation Target for Years Could Jeopardize Credibility
Trending news
MoreCrypto prices
More
