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ZIGChain launches its buyback program and opens voting
#ZIGChain launches its buyback program, with voting now open. Unlike typical treasury-funded buybacks, the initiative is powered by #ZIGMarkets ’ commercial revenue, generated from fees on capital flowing through its layer to access compliant onchain yield. This revenue stream remains active beyond market cycles and is used to purchase $ZIG on the open market.
Half of the repurchased tokens flow automatically into the ecosystem pool, while validators decide how to allocate the remaining half through a public, stake-weighted vote. If a vote fails, tokens are still directed to the ecosystem pool, ensuring all repurchased $ZIG remains within the ecosystem.
Cycle one launches with 1,038,600 $ZIG. The stake-weighted vote runs until July 31, requiring 51% approval, with onchain results, a public retirement wallet, and a live dashboard providing transparency.
ZIGChain previously teamed up with #ADIChain to build productive onchain finance infrastructure, focusing on receivables financing, PayFi, SME liquidity, and tokenized private credit to move real-world financial activity onchain.
👉 x.com/ZIGChain/status/2081777038881657020
#ZIGChain launches its buyback program, with voting now open. Unlike typical treasury-funded buybacks, the initiative is powered by #ZIGMarkets ’ commercial revenue, generated from fees on capital flowing through its layer to access compliant onchain yield. This revenue stream remains active beyond market cycles and is used to purchase $ZIG on the open market.
Half of the repurchased tokens flow automatically into the ecosystem pool, while validators decide how to allocate the remaining half through a public, stake-weighted vote. If a vote fails, tokens are still directed to the ecosystem pool, ensuring all repurchased $ZIG remains within the ecosystem.
Cycle one launches with 1,038,600 $ZIG. The stake-weighted vote runs until July 31, requiring 51% approval, with onchain results, a public retirement wallet, and a live dashboard providing transparency.
ZIGChain previously teamed up with #ADIChain to build productive onchain finance infrastructure, focusing on receivables financing, PayFi, SME liquidity, and tokenized private credit to move real-world financial activity onchain.
👉 x.com/ZIGChain/status/2081777038881657020
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