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🔥 Latest Buyback & Tokenomics Updates Across Protocols 🔥
🔓 Upcoming Token Unlocks
• $MBG : $3.37M unlock on July 22 (6.96% of circulating supply)
• $APR : $6.83M unlock on July 23 (11.28% of circulating supply)
• $SOSO : ~$6.71M unlock on Jul 24 (6.78% of circulating supply)
• $DOLO : ~$318K unlock on Jul 24 (5.15% of circulating supply)
• $H : ~$15.8M unlock on Jul 25 (8.6% of circulating supply)
• $SIGN : ~$3.48M unlock on Jul 28 (15.71% of circulating supply)
🔥 Buybacks & Burns
• $RAIN : Rain Foundation announced a $23M USDT community buyback. RAIN purchased through the program will be 100% permanently burned.
• $ : DAO completed its Q2 burn, removing approximately 7.475T (~$13.6M). The mechanism continues to allocate 50% of quarterly revenue toward token burns.
• $VVV : Venice expanded its automated buyback & burn mechanism to API credit purchases, with 5% of API credit revenue allocated toward VVV buybacks and burns.
• $JST : JustLend DAO completed its 4th quarterly JST buyback and burn, funded by protocol revenue and stablecoin fees.
• $NMR : Numerai completed its third strategic NMR buyback, bringing total repurchases to approximately $3.2M.
• $CAKE : PancakeSwap burned approximately 357K CAKE through its ongoing burn mechanisms during the latest weekly cycle.
🗳 Governance
• $UNI: Two governance proposals are looking to expand protocol fee collection and UNI burns to selected Uniswap v4 pools and deployments on Robinhood Chain. The Robinhood proposal covers v2, v3 and v4 pools.