TechFlow news, September 29 — ApeX Protocol yesterday announced the launch of its APEX token buyback program. The initiative will make an initial one-time commitment of $12 million using past revenues.
Starting this week, ApeX Protocol will also allocate 50% of its daily revenue to repurchase APEX tokens from the open market, a percentage that will gradually increase up to a maximum of 90%. ApeX Protocol stated that this move aims to strengthen its long-term commitment to the ApeX Protocol ecosystem and ensure the community directly benefits from the value created.
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