ApeX Protocol has announced the launch of its APEX token buyback program, starting with an initial investment of $12 million. The program, set to begin next week, will utilize 50% of ApeX Protocol's daily revenue alongside the initial funding to repurchase APEX tokens from the open market. Over time, the allocation for buybacks will increase to 90% of all revenue. The repurchased tokens will be locked in an on-chain public address, ensuring transparency for community members.
ApeX Protocol Initiates $12 Million APEX Token Buyback Program
Disclaimer: The content provided on Phemex News is for informational purposes only. We do not guarantee the quality, accuracy, or completeness of the information sourced from third-party articles. The content on this page does not constitute financial or investment advice. We strongly encourage you to conduct you own research and consult with a qualified financial advisor before making any investment decisions.