Buyback Progress and Market Impact
Recently, Sky Protocol announced the successful repurchase of 31 million SKY tokens worth $1.9 million last week, marking a significant move in the DeFi space.
- Single buyback amount hits recent high
- Total buybacks exceed $108 million USDS
- Market confidence in SKY ecosystem continues to grow
This strategic move not only highlights the project team's commitment to ecosystem development but also enhances the tokenomics model, creating long-term value for holders.