TechFlow reports that on December 9, Bitcoin L2 project MAP Protocol announced a MAPO token buyback and burn proposal. According to the proposal, a portion of protocol revenues (such as transaction fees) will be used to repurchase MAPO tokens, which will then be permanently burned to reduce supply and increase scarcity. The specific buyback and burn ratio will be determined by community governance, with all transactions publicly recorded on-chain to ensure transparency.
The proposal encourages community participation in voting and notes that the plan may be adjusted or paused depending on market conditions or protocol revenue. The proposal is now live.
Add to Favorites
Share to Social Media
