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Trump-Backed World Liberty Financial Announces Token Buyback Program
(4 hours ago) · 2 sources · Summarized by CryptoBipto
World Liberty Financial, a crypto project associated with former President Donald Trump, has announced a token buyback program. The program would involve the project repurchasing its own tokens, a move sometimes used by crypto projects to manage token supply.
WHY IT MATTERS
A token buyback is when a crypto project spends money to buy back its own tokens from the market — similar to when a company buys back its own stock.
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SOURCES
- cryptopotato.com
- coindesk.com
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