Sky Lianchuang Rune has actively repurchased 122 million SKY with a total value of 10.21 million USD since the beginning of June.
The repurchase of SKY is carried out through staking income and recent ENA funds, reflecting the strategy to strengthen the Token's value over the past two months.
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Sky Lianchuang Rune repurchased 16.38 million SKY in just the last 40 minutes.
The total amount of SKY repurchased since the beginning of June reaches 122 million at an average price of 0.0836 USD/unit.
The repurchase worth 10.21 million USD uses income from staking SKY and ENA funds.
How much SKY has Sky Lianchuang Rune repurchased recently?
In just 40 minutes, Sky Lianchuang Rune repurchased 16.38 million SKY for an ENA value of 1.77 million. This is a notable figure that reflects active efforts to increase the value of SKY in the market.
Regular and swift repurchases in a short time help stabilize liquidity and build investor confidence in the project's sustainable development strategy.
Since the beginning of June, how many SKY has Sky Lianchuang Rune repurchased and at what average price?
A total of 122 million SKY has been repurchased since the beginning of June, with an average price of 0.0836 USD for each Token. This is a significant investment that reflects efforts to protect the Token's value in the market.
Repurchasing SKY at a reasonable price helps stabilize the price while demonstrating the commitment of the development team to effectively utilize staking income, combined with ENA funds to maintain project finances.
Where does the capital to repurchase SKY come from?
The primary source of capital used in the SKY repurchase activity comes from the staking income of SKY (USDS and SPK) along with the recently added ENA funds. This shows that the project is leveraging internal revenue and financial resources for reinvestment.
This strategy not only increases the Token's value but also enhances financial stability, reinforcing investor and community trust for long-term development.
The use of staking income and ENA funds to repurchase SKY reflects a sustainable development strategy and a commitment to protecting the interests of investors.
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Frequently Asked Questions
What is the average price at which Sky Lianchuang Rune repurchased SKY?
The average price for each repurchased SKY is 0.0836 USD, representing a reasonable price at this stage.
What source is the SKY repurchase funded from?
Mainly using income from staking SKY and the recently acquired ENA funds of the project.
How long does the repurchase of SKY last?
This has been ongoing since the beginning of June, with a total of 122 million SKY repurchased.
What impact does the repurchase of SKY have on the market?
Contributes to stabilizing the Token price, increasing liquidity, and building trust among investors.
What motivates Sky Lianchuang Rune to repurchase SKY?
The main motivation is to protect the Token's value and increase the project's financial stability through internal capital.
Source: https://tintucbitcoin.com/sky-rune-chi-177-trieu-ena-mua-sky/
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