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UXLINK: The first batch of buybacks will be launched this weekend, and the repurchased UXLINK Tokens will be used for the "Redemption and Compensation Program".
Jinse Finance reports that UXLINK has released an update on its repurchase progress, with the first batch of repurchases set to begin this weekend. The funds will come from frozen funds returned by partners from Crypto Assets exchanges (CEX). This repurchase will take place on exchanges where UXLINK trading has resumed (based on the Ethereum Mainnet). According to the approval of the community proposal, all repurchased $UXLINK tokens will be used for the “Swap & Compensation Plan”. Based on the same proposal, as we receive more returned frozen funds, subsequent rounds of repurchase will continue.