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Details: https://www.gate.com/zh-tw/announcements/article/47455
iZUMi Finance completed a platform Token repurchase worth $4.9 million in 2024.
Odaily Planet Daily News According to reports, since 2021, iZUMi Finance has completed the repurchase of platform tokens for three consecutive years. In 2024, iZUMi Finance repurchased iZi Tokens worth a total of 4.9 million US dollars. iZUMi Finance will continue to repurchase platform Tokens in 2025, and 50% of the protocol revenue will be used to repurchase iZi Token. Recently, Solana's leading DEX platform Jupiter announced that 50% of the protocol fees will be used to repurchase JUP Token. The iZUMi Finance team hopes to see more protocols adopting this approach, using the revenue to repurchase platform Token, providing Token holders with more powerful empowerment.