ApeX launches APEX token buyback program, covering $12 million in initial funds and 50% of future protocol revenue
PANews, September 29 – ApeX Protocol has announced the launch of an APEX token buyback program, utilizing past revenues and making a one-time investment of $12 million to kickstart the initiative. Starting next week, 50% of ApeX Protocol's daily revenue, together with the committed $12 million, will be used to buy back APEX tokens from the open market. Over time, this allocation ratio will gradually increase, eventually reaching 90% of all revenue. The buybacks will occur weekly from the open market starting next week. All repurchased tokens will be transferred and locked to an on-chain public address, fully accessible for community members to view.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
AI Predicts Bitcoin Path as Strategy Moves 3,568 Coins
Avalanche adds $131M in tokenized stocks – But there’s a catch!

Gold Outlook: Spot Gold Faces Significant Rebound Risk After Sharp Decline
Gold and Silver Crash as US 10-Year Treasury Yield Hits 19-Year High: What’s Next for Prices?
