iZUMi Finance completed a platform token buyback worth 4.9 million dollars in 2024
ChainCatcher message, since 2021, iZUMi Finance has continuously completed the buyback of platform tokens for three years. In 2024, iZUMi Finance repurchased iZi tokens worth a total of 4.9 million USD.
iZUMi Finance will continue to buy back platform tokens in 2025, with 50% of protocol revenue allocated for the buyback of iZi tokens.
Recently, Jupiter, a leading DEX platform on Solana, announced that 50% of its protocol fees will be used to buy back JUP tokens. The iZUMi Finance team hopes to see more protocols adopt this practice, using revenue to buy back platform tokens, providing stronger empowerment to token holders.
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