$Ron Buybacks have begun!
RON Buybacks have begun! Last week, we announced plans to swap ~$4.5M in Ronin Treasury assets to RON. This TWAP-powered buyback will take place over the next month, representing a purchase of ~$100 USD per minute that swallows about 1.3% of the circulating supply. A percentage of all gas fees, NFT trades, and DEX activity on Ronin will continue to flow into the Treasury. As Ronin expands, the Treasury grows alongside it. Here’s how it works 👇 📜 :
Show original
1.47K
33
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.