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TechFlow reports that on May 8, according to official announcements, the MegaETH Foundation completed its first MEGA buyback on May 7, using all net proceeds accumulated by the USDm issuer through the end of April. The current USDm supply stands at $480 million. MegaETH stated that future buyback plans will be conducted programmatically and on-chain.
According to an official announcement, the MegaETH Foundation completed its first MEGA buyback on May 7, using all net proceeds accumulated by the USDm issuer through the end of April. The current USDm supply stands at $480 million. MegaETH stated that future buybacks are planned to be conducted programmatically and on-chain.
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