A certain Solana ecosystem token has resumed its upward trend after experiencing a price correction. The project team has adopted a more aggressive tokenomics strategy: developers continuously use creator fees for buybacks and directly burn the repurchased tokens, creating a sustained deflationary mechanism. This approach supports the price by reducing circulating supply and also demonstrates the team's commitment to the project's long-term development. Among the many new projects on the current Solana chain, it is evident that this project has put effort into token management. The market tends to pay higher attention to projects with clear burning mechanisms like this.
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ReverseTradingGuru
· 12h ago
Buyback and burn schemes are heard of often; the key is whether they will actually be executed later on, otherwise it's just an empty promise.
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PhantomMiner
· 12h ago
Buyback and burn is essentially market capitalization management. How long you can hold it is what really matters.
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ForeverBuyingDips
· 12h ago
Another burn mechanism, this routine has become too common.
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liquidation_surfer
· 12h ago
Continuous burning? I've seen this trick many times, but the key is whether it can really be carried out in the future.
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DuckFluff
· 12h ago
The buyback and burn scheme, to be honest, I've seen it quite a few times, but Solana is indeed a bit aggressive. Continuously burning tokens to support the price is quite interesting.
A certain Solana ecosystem token has resumed its upward trend after experiencing a price correction. The project team has adopted a more aggressive tokenomics strategy: developers continuously use creator fees for buybacks and directly burn the repurchased tokens, creating a sustained deflationary mechanism. This approach supports the price by reducing circulating supply and also demonstrates the team's commitment to the project's long-term development. Among the many new projects on the current Solana chain, it is evident that this project has put effort into token management. The market tends to pay higher attention to projects with clear burning mechanisms like this.