Bluefin is going to start using 25% of profits to buy back $BLUE It feels like $BLUE is about to take off, this project with profitability should be a key focus in this cycle 💧 The repurchased BLUE will enter the Bluefin DAO treasury, managed by the community, which is equivalent to giving profits back to the community. The vision is really big! These BLUE can be used for liquidity, rewarding active users, and the community can vote on how to use them. Voting link 🔗 The buyback is aimed at stabilizing the ecosystem and enhancing liquidity, tying protocol growth and community governance together. Buybacks will be executed quarterly, with net income first deducting alliance rewards and market maker rebates, focusing on spot, RFQ, and Pro Perps businesses. The process is transparent, and there will be community reports every quarter. Bluefin @bluefinapp has already become the infrastructure for trading and liquidity on Sui: — Pro Perps cumulative trading volume exceeds 50 billion...
Bluefin Governance Proposal: $BLUE Buyback Plan
If the proposal is approved, Bluefin will allocate 25% of its revenue for the buyback of $BLUE starting from October 1, 2025.
As the top protocol in Sui revenue, Bluefin's product matrix continues to expand, and now it's time for $BLUE to truly stand at the core of the Bluefin ecosystem🚀
🗳️ Voting link:
3.67K
0
The content on this page is provided by third parties. Unless otherwise stated, OKX is not the author of the cited article(s) and does not claim any copyright in the materials. The content is provided for informational purposes only and does not represent the views of OKX. It is not intended to be an endorsement of any kind and should not be considered investment advice or a solicitation to buy or sell digital assets. To the extent generative AI is utilized to provide summaries or other information, such AI generated content may be inaccurate or inconsistent. Please read the linked article for more details and information. OKX is not responsible for content hosted on third party sites. Digital asset holdings, including stablecoins and NFTs, involve a high degree of risk and can fluctuate greatly. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition.