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Celo delivering a masterclass in token buybacks... Celo has now bought back around 9,100,000 $CELO tokens from the market, following the April 'CELOccelerate' tokenomics overhaul. Some ~600,000 tokens were bought back in the past week alone. For context, following the approval of Q2's tokenomics overhaul through a roughly 97%...

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26,724 Aufrufe • vor 26 Tagen •via X (Twitter)

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Profilbild von cexscan
cexscanvor 24 Tagen

@Celo Buybacks are doing work on the chart. Up 3.2% over the last 4 hours on nearly 200k in volume, but takers are only around 44% so far. Let's see if spot bids absorb this sell pressure.

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Hakanvor 23 Tagen

@Celo Super Celo

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haciyatmazvor 25 Tagen

@Celo Funneling 100% of sequencer revenue into buybacks makes you wonder why other rollups hesitate?

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Zxeevor 26 Tagen

@Celo Interesting way to use the gas fees.

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IOTY Protocolvor 26 Tagen

@Celo 9.1M tokens is serious volume, that's not just optics.

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