STBL founder Avtar Sehra announced that a buyback program will commence in the fourth quarter, utilizing 100% of minting fees to repurchase STBL tokens. This initiative aligns with the protocol's vision of a treasury buyback, aiming to enhance the token's value. The plan includes a multi-factor staking mechanism, the launch of USST minting, and the allocation of all transaction fees for buybacks, with transactions recorded on-chain.
STBL to Initiate Buyback Program Using 100% Minting Fees in Q4
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