“Buyback to Control Volatility”
#Lagrange announces token buyback $LA : what changes does it bring?
The Lagrange Foundation has revealed a plan to repurchase LA tokens in order to stabilize their price, aiming to reduce volatility.
These tokens will be held in regulated accounts and all operations will be communicated publicly, ensuring transparency.
Additionally, Binance distributed 15 million LA in its HODLer Airdrops program for BNB holders, which boosted distribution and generated greater liquidity.
Despite a recent 22% drop in its price, stemming from the airdrop and general market conditions, the strategy aims to build confidence and improve perception in the medium term.
In summary, Lagrange reinforces its commitment to the community and financial stability.
