We'd like to share more details about the $SHELL token buyback plan:
A total of $8 million USDT generated from $SHELL trading (buying and selling) has been frozen in the Market Maker's Binance accounts. These assets will be fully dedicated to the $SHELL buyback program, which will be executed over 90 days. Purchases will be made to provide steady support for the token's value and instill confidence in our investors.
To ensure full transparency, all repurchased $SHELL tokens will be transferred to the following on-chain wallet after each buyback transaction: https://t.co/ksAmXtxXPF. This allows our community to verify and monitor the entire process.
We want to assure you that we remain steadfast in our dedication to our community and the long-term success of MyShell. The $SHELL token is a catalyst for the MyShell AI ecosystem. We are actively developing utilities for $SHELL. Our goal is to provide our users and token holders with tangible benefits from $SHELL as much as possible.
Thank you for your continued support and trust in the MyShell team. We believe that in the era of crypto and AI convergence, a truly product-market-fit-driven AI platform that actively contributes to the open-source community will stand out and flourish.