Was looking into tokens that had thick buybacks in July and found some cool ones
BONK - 50% of letsBonk revenue goes to Buy/Burn
+ $23M worth in July (my god, pump is cooked)
DBR - Just announced their Reserve Fund with 100% rev for buybacks
+ $4M acquired in June (1.5% of supply)
Token buybacks are usually a double-edged sword because the amount that they buyback is directly proportional to how successful the protocol is
So, when you have three really good protocols like deBridge + Bonk, you have really good buyback programs
13.09K
68
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.