🚀 Strengthening WEMIX: Buyback & Market Purchase Plan for Long-Term Growth
The WEMIX Team is taking decisive action to restore confidence, protect value, and ensure long-term ecosystem stability following the WEMIX PLAY Bridge incident.
🔹 Key Measures Announced:
💰 10 Billion KRW Buyback Plan
✔ Goal: Mitigate market impact & stabilize WEMIX value
✔ Execution: TWAP & VWAP orders to ensure minimal disruption
✔ Duration: Up to 1 year, with structured execution
📈 20,000,000 WEMIX Market Purchase
✔ Objective: Strengthen ecosystem sustainability
✔ Usage: Marketing, development, and team rewards
✔ Approach: Purchases structured to prevent market disruption
🔧 Comprehensive Security & System Reassessment
✔ Enhanced infrastructure, stability & contract safety
✔ Security upgrades to prevent future issues
✔ Full service normalization & PLAY Bridge restoration underway
WEMIX is committed to fostering a robust and sustainable Web3 ecosystem, ensuring balanced growth & shared benefits for all participants.
📢 Official Announcement & Updates: www.wemix.com/communication
