TechFlow reports that IntentX, a full-chain perpetual DEX, has announced the launch of $INTX buybacks, using all protocol revenue to repurchase $INTX from on-chain markets instead of distributing stablecoins.
75% of the revenue will be used to buy back $INTX and distribute it as staking rewards to holders, while 25% will be allocated to building long-term protocol-owned liquidity (POL).
In the future, they also plan to implement a governance voting system allowing token holders to decide their preferred revenue distribution method.
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