UXLINK: The first round of buybacks will be launched this weekend, and the repurchased UXLINK tokens will be used for the "Exchange and Compensation Plan"
Jinse Finance reported that UXLINK has released an update on its buyback progress. The first round of buybacks will be launched this weekend, with funds sourced from the returned frozen funds by cryptocurrency exchange (CEX) partners. This buyback will take place on exchanges where UXLINK trading has resumed (based on the Ethereum mainnet). According to the approved community proposal, all repurchased UXLINK tokens will be used for the "Swap & Compensation Plan." As stated in the same proposal, subsequent rounds of buybacks will continue as more frozen funds are returned.
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.
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