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Genius: Introduces revenue-funded GENIUS buybacks and burns - 31 Oct 2026

AungKyawခ်အမည်
Published on 2026-10-31 18:00:00
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Genius: Introduces revenue-funded GENIUS buybacks and burns - 31 Oct 2026

Genius: Introduces revenue-funded GENIUS buybacks and burns - 31 Oct 2026

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Genius plans to introduce revenue-funded buybacks and burns on 31 Oct 2026. A portion of revenue from Genius App will fund purchases of GENIUS on the market, with the purchased tokens permanently burned.

The mechanism gives app revenue a direct role in reducing token supply, since tokens bought for burns leave circulation permanently. Genius has not stated the share of revenue allocated to buybacks or the planned burn amounts.

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