Clanker project team uses protocol fees to buy back approximately $65,000 worth of CLANKER tokens
ChainCatcher news, Farcaster posted on X platform stating that the Clanker project team has used two-thirds of the protocol fees generated in the past day to buy back approximately $65,000 worth of CLANKER tokens. The remaining one-third of the fees will be kept as USDC reserves for tax purposes.
The official announcement stated that the current buyback process is manual, with no fixed execution time in the initial phase, and results will be announced immediately after completion. The process is planned to be automated in the coming weeks.
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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