TechFlow news: On June 16, cryptocurrency investment research firm Ouroboros Capital proposed a plan calling for active optimization of the current token buyback strategy. The proposal suggests initiating a $1 million TWAP buyback for every $1 drop in FXS price below $5, replacing the previous price-agnostic buyback approach.
Sam Kazemian, founder of Frax Finance, expressed support for Ouroboros Capital's proposal and stated that buying back and burning FXS is the best use of held funds.




