ChainCatcher news, the ether.fi foundation announced that the ether.fi protocol's revenue for November was $3.5 million, of which 5% was allocated to purchase 89,000 ETHFI for buyback and LP programs.

ChainCatcher news, according to official sources, Nasdaq-listed Bitcoin mining company Hut 8 has announced the launch of a $500 million ATM (at-the-market) program and a $250 million stock buyback plan. The company intends to use the net proceeds from the sale of common stock under the ATM program for growth initiatives, including the acquisition or development of power and digital infrastructure assets such as data centers, as well as purchasing Bitcoin as a strategic reserve asset. The net proceeds may also be allocated to other capital expenditures and investments, working capital, repurchasing issued securities, repaying debt, and other general corporate purposes.

ChainCatcher news, the decentralized trading platform Hashflow has announced that its token burn proposal has been approved. Starting today, the platform will use 50% of the protocol fees for the buyback and burn of HFT tokens. As the beginning of this plan, Hashflow has completed the destruction of over 900,000 HFT tokens.

ChainCatcher news, the decentralized trading platform Hashflow proposes to use 50% of the protocol fees for monthly buybacks and burns of HFT. If the Hashflow DAO approves this proposal, the existing assets in the buyback wallet will be immediately burned after the proposal is implemented, with currently 859,378 HFT in the wallet.

ChainCatcher news, according to official information, the QTLX token buyback plan has reached 20% and will continue, with market activities being monitored in the coming weeks.Previous report, on October 18, Quantlytica announced on X that it has initiated the QTLX token buyback plan to support its market liquidity. The repurchased tokens will serve as additional daily community rewards, further promoting community building.So far in the buyback plan, the token has risen over 70%.

ChainCatcher news, according to official sources, Quantlytica has launched a QTLX token buyback program to support its market liquidity. Quantlytica stated that the repurchased tokens will serve as additional daily community rewards, further promoting community building.It is reported that Quantlytica is a liquidity gateway that utilizes machine learning and statistical models. Quantlytica first conducts a horizontal comparison of the returns, liquidity risks, and security of all DeFi projects, and then provides a variety of automated strategies tailored to different user needs. Quantlytica has partnered with GoPlus Security and RootData to enhance the reliability and diversity of Quantlytica's selected liquidity project integrations, thereby providing users with a more comprehensive liquidity allocation solution and protecting user asset security.

ChainCatcher news, El Salvador President Nayib Bukele announced on the X platform that the country has accepted a debt buyback offer totaling approximately $940 million.It is reported that the El Salvador government previously proposed to buy back sovereign bonds maturing from 2027 to 2052 at a price slightly above market value or close to face value.Analysts believe that El Salvador's debt buyback could have a positive impact on the price of Bitcoin, enhance the country's ability to support Bitcoin investments, and position itself as a stronger advocate for cryptocurrency.

ChainCatcher news, according to official sources, Zebec Network has restarted its ZBCN token buyback program to further support ZBCN as a deflationary asset. The buyback is linked to the transaction volume of Zebec cards and partner contracts. Monthly transaction volume will trigger corresponding ZBCN buybacks in the open market.Zebec Network stated that each transaction made using a Zebec card will reduce the total circulating supply of ZBCN, thereby increasing scarcity and supporting its long-term value.

ChainCatcher news, according to Cointelegraph, the Telegram click game Hamster Kombat has announced its plans for the remainder of 2024 and 2025, including the launch of a Web3 gaming platform to expand its gaming products. According to the new development roadmap, the plans for the remainder of 2024 include integrating external payment systems, launching new games within the Hamster ecosystem, and integrating NFT-based in-game assets.On September 23, the Hamster Kombat team revealed the allocation details of the highly anticipated airdrop event. Among its 300 million users, only 131 million are eligible for the airdrop, accounting for just 43% of its total users. Hamster Kombat emphasized that 2.3 million users who used cheating methods have been banned from playing the game.According to the Hamster Kombat team, the company will launch a dedicated advertising network for games within the Hamster ecosystem. The roadmap indicates that this will be released in December 2024. The team also emphasized that the revenue from the advertising network will be used to buy back tokens and distribute them as rewards.

ChainCatcher news, gm.ai token (GM) has increased by 88.1% in the last 24 hours, currently priced at $0.037.Previous news, the founder of gm.ai stated that the GM buyback has begun and will continue until the token returns to the presale price.

ChainCatcher news, gm.ai founder dexter stated on his social platform that the GM buyback has begun and will last at least until GM returns to the presale price. The buyback wallet will be announced as soon as possible.

ChainCatcher news, TRON founder and Huobi HTX Global Advisory Committee member Justin Sun stated on platform X that after discussions, the community agreed to adopt a better approach, which is to return SunPump revenue to the community by directly implementing a 100% on-chain buyback and burn process. Personally, he believes this may be a better way, and the plan will be implemented starting today.Justin Sun explained that regarding the revenue buyback and burn issue of SunPump, the community previously suggested burning liquidity LP tokens, as this method has been adopted by mainstream meme tokens like SHIB. Burning LP tokens has several advantages, including increasing token liquidity depth, allowing the burned liquidity to still be utilized, and being more compliant with regulatory requirements.Justin Sun stated, "However, there is also a downside: this process is difficult to explain clearly. Many community members do not fully understand the implications of LP token burning, which may lead to misunderstandings. After discussions, the community agreed to adopt a better approach, directly implementing a 100% on-chain buyback and burn process. This method is easier to verify, as all fund burn records will be on-chain, making it straightforward and clear, without the need for any explanation."

ChainCatcher message, GMX posted on social media stating that the GMX community has initiated a proposal vote to "change the income distribution model to buyback and distribute GMX," which has received majority support from the GMX DAO and is currently queued for execution.The proposal states that this change aims to leverage the advantages of "buybacks" to enhance GMX's long-term value retention capability, optimize user experience and protocol strategic flexibility, while minimizing model changes and fully retaining the advantages of "real yields."

ChainCatcher news, the ether.fi foundation posted on X that the protocol revenue for ether.fi in July was $2.58 million, of which 5% will be allocated to the ETHFI buyback and LP farming program. The ETHFI buyback will be completed on August 15, and details regarding the related transactions and liquidity allocation will be announced soon.

ChainCatcher news, Numbers released a report stating that the team completed the tenth quarter of the burn and buyback plan on June 30, 2024. A total of 6,000,251 NUM have been removed from circulation. Numbers stated that it will continue to run the burn and buyback plan until 100% of all NUM (500 million) are burned.

ChainCatcher message, the decentralized NFT infrastructure Metaplex announced on X that 50% of the protocol's historical fees and monthly fees will be used to purchase MPLX and donated to the Metaplex DAO, with the aim of supporting decentralization and community governance.50% of the Metaplex protocol's fees in May (4,490 SOL) and a small portion of the historical fees (5,510 SOL) were used to purchase MPLX in June, totaling 3.8 million MPLX donated to the Metaplex DAO.

ChainCatcher news, the decentralized cloud platform OORT project foundation announced on platform X that it will soon launch the Q3 token buyback plan, with funds coming from approximately 30% of the second quarter's revenue, totaling no less than $600,000.Since the OORT token was listed in January 2024, the OORT foundation has destroyed a total of 3.25 million OORT tokens, accounting for 0.16% of the total supply and about 2.5% of the current circulation. In addition, OORT will officially launch on a leading DEX in July, which is seen as another significant event to enhance the accessibility and usability of OORT.

ChainCatcher news, according to the Snapshot page, the Gnosis DAO community has approved the proposal to "implement a $30 million GNO buyback plan" with a support rate of 81.9%. The proposal suggests allocating approximately 5% of Gnosis DAO's assets (mainly SAFE, ETH, and stablecoins) to fund the $30 million buyback plan, aimed at keeping the GNO price above its book value.The proposal recommends splitting the $30 million into two equal parts, allocated to specific strategies:$15 million in CoW-TWAP orders, to be executed at any price below the dynamically calculated book value over the past six months.$15 million to be fully managed by Karpatkey, allowing them to take advantage of the most favorable opportunities. The proposal states that the specific details regarding asset composition, trading venues, and financing buyback methods (e.g., converting altcoins to ETH for use in this plan through market makers, OTC trading, or on-chain trading) will be managed by Karpatkey.

ChainCatcher news, according to Bloomberg, informed sources revealed that Elliott Management has acquired a significant stake in SoftBank Group Corp. and is pushing for a $15 billion buyback plan.According to the FT, Elliott has accumulated shares worth over $2 billion and has been in contact with SoftBank executives in recent months. Elliott believes that such a large-scale stock buyback will help founder Masayoshi Son convey his confidence in SoftBank to the market. The company's stock price rose 4.6% in Tokyo.This is Elliott's second attempt at SoftBank, which was once one of the largest and most influential technology investment firms in the world. Elliott accumulated about $3 billion in shares in 2020, after which SoftBank significantly accelerated its buyback pace. Elliott later sold most of its stake in SoftBank.A representative from SoftBank declined to comment. A representative from Elliott did not immediately respond to a request for comment.In recent years, SoftBank has reduced its bets on startups. After the value of key assets like Arm Holdings Plc soared, the company is preparing to increase its investments in artificial intelligence and other areas.