The Resolv Foundation has officially launched the RESOLV Token buyback program with an initial allocation of 75% of the core fees of the protocol.
Every week, a portion of this fee will be used to buy back RESOLV on the open market, and the acquired Tokens will then be transferred to the reserve fund and removed from circulation, contributing to the stabilization and increase of the Token's value.
MAIN CONTENT
Resolv Foundation implements the RESOLV Token buyback program.
About 75% of the weekly core fees are allocated for purchasing Tokens on the open market.
Repurchased Tokens will return to the reserve fund and be removed from circulation, enhancing value.
How did the Resolv Foundation announce the RESOLV Token buyback program?
Resolv Foundation announced on platform X on August 26 that they have implemented the RESOLV Token buyback program. This program aims to use a portion of the revenue from the core fees of the protocol to support the value of the Token through market buybacks.
The announcement confirms that the initial allocation accounts for approximately 75% of the total core fees, reflecting the fund's strong commitment to stabilizing and developing the RESOLV ecosystem through Token circulation regulation policies.
How will the Token buyback program be executed?
Every week, a portion of the total fees collected from core activities will be directly used to buy RESOLV on the open market. The buyback will be conducted continuously to control supply and increase liquidity for the Token.
The repurchased Tokens will then be transferred to the reserve fund of the Resolv Foundation and officially removed from circulation, a method that helps reduce selling pressure and support the Token's sustainable price in the market.
What is the significance of the Token buyback program for the value and ecosystem of RESOLV?
The buyback program not only helps combat dilution of the Token's value but also builds trust among investors and the community by demonstrating responsible supply management from the project.
Withdrawing Tokens from circulation through the reserve fund will reduce the total number of current Tokens, supporting a price increase mechanism based on supply and demand. This is a strategy used by many reputable cryptocurrency projects to reinforce stability and long-term development.
What should investors be aware of regarding the RESOLV Token buyback program?
Investors need to regularly monitor the buyback activities of the Resolv Foundation in the market to assess the impact on the Token's price. This program is seen as a positive signal, reflecting the fund's commitment to protecting the value of RESOLV.
At the same time, the buyback and withdrawal of Tokens from circulation may reduce the circulating supply, increasing scarcity and long-term price potential.
Frequently Asked Questions
When does the RESOLV Token buyback program start?
The program was publicly announced on August 26 and began implementation immediately thereafter.
What percentage of the core fees is used to buy Tokens?
About 75% of the weekly core fees of the protocol are allocated for the RESOLV Token buyback program.
How will the repurchased Tokens be handled?
After the buyback, RESOLV Tokens will be transferred to the reserve fund and removed from circulation to reduce supply.
How does the buyback program affect the Token's price?
Reducing the number of circulating Tokens helps maintain or enhance the value of RESOLV in the market.
How to track the progress of the Token buyback?
Users can follow announcements and official reports from the Resolv Foundation on platform X and project media channels.
Source: https://tintucbitcoin.com/quy-resolv-ra-mat-chuong-trinh-mua-lai/
Thank you for reading this article!
Please Like, Comment and Follow TinTucBitcoin to stay updated with the latest news about the cryptocurrency market and not miss any important information!
