Deep Tide TechFlow news, on August 13, the Sign Foundation officially announced today that it has completed the first buyback of $SIGN tokens amounting to $12 million, with $8 million repurchased through the secondary market, totaling 117 million $SIGN tokens repurchased; an additional $4 million was executed via OTC. This large-scale buyback demonstrates the Sign Foundation's strong confidence in the long-term fundamentals and ecological development of $SIGN, aiming to create a more resilient, sustainable token economy deeply aligned with community interests.
The tokens obtained from this buyback will mainly be used for:
Empowerment and collaboration with more listed companies: used for collaboration and interaction with listed companies, accelerating Sign's breakthrough and application in real scenarios at the product and asset levels.
Support for new exchanges going live: as a strategic reserve for market making and connecting with globally compliant exchanges, further expanding the market liquidity and global user base of $SIGN.
Expand and incentivize the Orange Dynasty community: incentive programs aimed at the Orange Dynasty community and ecological partners, rewarding early high-quality contributors and expanding community influence.
