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.

SOL0,21%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 5
  • Repost
  • Share
Comment
0/400
ReverseTradingGuruvip
· 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.
View OriginalReply0
PhantomMinervip
· 12h ago
Buyback and burn is essentially market capitalization management. How long you can hold it is what really matters.
View OriginalReply0
ForeverBuyingDipsvip
· 12h ago
Another burn mechanism, this routine has become too common.
View OriginalReply0
liquidation_surfervip
· 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.
View OriginalReply0
DuckFluffvip
· 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.
View OriginalReply0
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)