RVV project completed a buyback of 660 million tokens and initiated a six-month lock-up period to prevent supply pressure.

GasFeeLady · 2026-01-05T13:00:16+00:00

The RVV project team announced that they have repurchased over 660 million tokens, amounting to nearly $2.65 million, through a standard buyback process, and will lock the tokens for six months to stabilize market supply and price.

GasFeeLady

2026-01-05 13:00:16

Abstract generation in progress

【Crypto World】The RVV project team has announced the latest progress on token buybacks. According to official information, Astra Nova has completed the repurchase of over 660 million RVV tokens. Based on the current market price, this buyback amounts to nearly $2.65 million.

The execution process for this buyback has been quite standardized — it involved purchasing from centralized exchanges as well as acquiring from on-chain liquidity pools. Afterwards, the tokens went through a structured integration process, and finally, all repurchased tokens were transparently recorded on the blockchain in an auditable manner.

What’s even more noteworthy is the subsequent lock-up arrangement. All these tokens are stored in a dedicated public buyback wallet (starting with 0x3449), and they are locked for six months from the day the integration was completed. During this period, these RVV tokens will not be sold or re-enter the market. Such a mechanism can effectively alleviate short-term supply pressure and contribute to price stability.

RVV-10,28%

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HalfBuddhaMoney

· 01-08 04:51

A six-month lock-up sounds good, but it depends on how it's finally unlocked. I'm afraid it might turn into another drama.

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GasFeeWhisperer

· 01-08 03:49

Six months lock-up? That's an interesting move, at least it won't crash the market.

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ForeverBuyingDips

· 01-05 13:30

2.65 million dollars buyback, locked in June. This operation is indeed more regulated than many projects. --- 660 million tokens locked for half a year? Let’s see how long it can last. --- Not bad in terms of transparency, just have to wait and see how the follow-up is executed. --- Finally, a project remembers to support the market; being late is better than never arriving. --- What happens after the lock-up period ends? That’s the real key. --- Centralized exchanges combined with on-chain dual purchases, quite a clever move. --- Well, another "relieving supply pressure" situation. Let’s wait and see. --- You should keep an eye on this wallet 0x3449. Has anyone checked its history? --- Six months lock-up isn’t a big deal; it mainly depends on whether these people are reliable. --- If this buyback can truly stabilize the price, I’ll just rename myself "Always at the Top."

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ser_ngmi

· 01-05 13:29

Six months lock-up? Is this really happening or just another pie-in-the-sky promise?

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RugDocScientist

· 01-05 13:23

2.65 million dollars buyback, not bad for this move, let's see what happens in six months.

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GmGmNoGn

· 01-05 13:23

6-month lock-up period? Sounds good in theory, but the key is how you handle it later.

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LayerHopper

· 01-05 13:07

Six months lock-up period, this is the real deal. Definitely better than those who talk about buybacks but secretly dump the market.

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Web3ExplorerLin

· 01-05 13:03

hypothesis: the six-month lockup actually mirrors ancient monetary reserve systems—like how central banks used to hold gold bars to stabilize currency. except here we're just... trusting a smart contract instead of a vault? 🤔 anyway, 2.65m buyback sounds decent but tbh the real question is whether this actually moves the needle or just feels good on the surface

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