BounceBit plans to use platform fees for BB token buyback
Jinse Finance reported that the BounceBit Foundation is considering enabling a fee distribution mechanism for BounceBit Trade. The fees generated by the platform will be directly used for the ongoing BB token buyback, which has already been supported by $12 million in revenue from other products. Currently, the foundation is evaluating the fee distribution plan and additional execution channels.
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.
You may also like
CryptoQuant: New BTC demand is shrinking, long-term holders' sell-offs are not being absorbed by the market
Data: A certain whale deposited 1.15 million USDC into Hyperliquid and opened a 10x leveraged ZEC short position
US October New York Fed 1-Year Inflation Expectation Drops to 3.24%
