UXLINK's 'Buyback and Strategic Reserve' Governance Proposal Unanimously Passed…Up 21% Compared to Previous Day

Source
Uk Jin

Summary

  • UXLINK said the 'buyback and strategic reserve' governance proposal passed with 100% support.
  • The proposal states that token buybacks from December and the building of a strategic reserve will be implemented immediately.
  • UXLINK said it was trading at 0.01593 dollars after a 21% surge.
photo=UXLINK X screenshot
photo=UXLINK X screenshot

The Web3 social network (SNS) project UXLINK said on the 27th (Korean time) via X (formerly Twitter), "The 'buyback and strategic reserve' governance proposal passed with 100% support."

The governance proposal will take effect immediately, and UXLINK will begin token buybacks and build a strategic reserve from December. UXLINK will use project revenue to buy back an amount equal to at least 1% of the supply each month.

As of 6:06 PM that day, UXLINK was trading at 0.01593 dollars, up 21% from the previous day.

Uk Jin

Uk Jin

wook9629@bloomingbit.ioH3LLO, World! I am Uk Jin.
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