Long-term value anchor for tokens: Insights from BounceBit's 8.87M $BB buyback on the value closed loop.
In the crypto market, the short-term price of tokens is influenced by emotions and funds, but whether long-term value is stable hinges on whether the project can build a closed loop of 'profit-feedback-value retention', rather than relying on traffic or concepts. The operations in August are a typical example: within a week, 8.87M $BB were repurchased from the open market, with buyback funds sourced from the protocol's actual annual income of approximately $16 million, rather than financing or 'printing money', empowering the long-term value of BB.
The core value of buybacks: 'Real profit' drives a positive cycle.
This buyback is not just a short-term confidence boost, but through the chain of 'protocol income → token buyback → circulation contraction → value retention', it injects long-term support for BB.