Resolv announces the launch of a buyback program, with buybacks already executed at an average price of $0.16.
ChainCatcher reported that Resolv has announced the launch of a buyback program, with the initial allocation set at 75% of core protocol fees.
Each week, a portion of the fees will be used to purchase RESOLV tokens on the open market. These tokens will be transferred to the foundation's reserves and removed from circulation.
The buyback has now commenced, with approximately 1 million RESOLV tokens purchased at an average price of $0.16.
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