MAP Protocol launches MAPO repurchase and destruction proposal, part of the proceeds will be used to repurchase MAPO tokens

PANews reported on December 9 that Bitcoin L2 project MAP Protocol announced the launch of the MAPO repurchase and destruction proposal, aiming to enhance the long-term value of MAPO tokens and build a sustainable ecosystem. According to the proposal, part of the protocol's revenue (such as transaction fees) will be used to repurchase MAPO tokens, and the repurchased tokens will be permanently destroyed to reduce supply and increase scarcity.

The specific repurchase and destruction ratio will be determined by community governance, and all transactions will be publicly recorded on the chain to ensure transparency. The proposal also encourages the community to participate in voting and reminds that the plan may be adjusted or suspended due to factors such as market conditions or protocol revenue. The proposal is now online, and community members can share their opinions and vote on the MAP forum.

Share to:

Author: PA一线

This content is for informational purposes only and does not constitute investment advice.

Follow PANews official accounts, navigate bull and bear markets together
Recommended Reading
10 hour ago
10 hour ago
11 hour ago
11 hour ago
13 hour ago
14 hour ago

Popular Articles

Industry News
Market Trends
Curated Readings

Curated Series

App内阅读