TechFlow news — Web3 domain and identity platform SPACE ID announced on Twitter that it has successfully executed the ID buyback and burn program (IDP3), using 1,031,115.4 stablecoins to repurchase and burn 3,107,377.8 ID tokens.
The other half of platform revenue (from March 23, 2023 to June 23, 2023) will be transferred to multi-signature addresses of the SPACE ID DAO treasury across different blockchains, including Ethereum, BNB Chain, and Arbitrum.
In addition, SPACE ID has also completed the transaction for the $200,000 grant program funding (IDP2).
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