Data: pump.fun uses its daily revenue to fully buy back tokens, and Raydium has already bought back 5%.
Foresight News reports, according to statistics from fabiano.sol, deBridge currently uses 100% of its revenue to buy back tokens, with a total of 3% already repurchased; Marinade uses 50% of its monthly fees to buy back MNDE, but the specific use of the repurchased tokens is decided by the DAO; Jupiter uses 50% of protocol fees to buy back tokens, with a total of 1.37% already repurchased, but how to handle the repurchased tokens is still under discussion; Jito purchases and burns over 1.1 million JTO annually, accounting for 1.1% of the total supply; bonk.fun uses 50% of its fees to purchase BONK from the open market and burn them; Metaplex uses 50% of its monthly protocol revenue for MTPLX buybacks; Raydium allocates 12% of trading fees for RAY buybacks, with a total of 5% already repurchased; pump.fun generates over $1 million in daily revenue, all of which is used for buybacks; 39% of Streamflow protocol revenue is used to purchase and distribute STREAM tokens to stakers.
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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