TechFlow reports that on August 1, Aevo announced the initiation of its AEVO token buyback program. In July's buyback, a total of 1 million AEVO tokens were repurchased at an average price of $0.446. The buyback process is as follows: funds are withdrawn from Aevo's insurance fund → AEVO tokens are purchased on Binance → the acquired AEVO tokens are transferred from Binance to the DAO address.
Aevo has committed to repurchasing at least 1 million AEVO tokens each month from July through December. With nearly full unlocking of the AEVO supply and the commencement of buybacks, Aevo believes this marks a strong beginning toward creating long-term value for AEVO token holders.
Add to Favorites
Share to Social Media
