Momentum Finance has launched its MMT buyback program, marking a significant move towards adopting the ve(3,3) model on its decentralized exchange within the Sui ecosystem. Announced on November 11, the program will utilize platform earnings to repurchase MMT tokens, which will then be redistributed to veMMT holders. This initiative aims to reward Title Deed and WAGMI participants, incentivize MMT staking for veMMT, and reduce the circulating supply to enhance the token's economic stability.
Momentum Finance Initiates MMT Buyback Program to Boost ve(3,3) Model
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