Recently, a noteworthy web3 project announced a series of significant measures, attracting widespread attention in the industry. The project launched a long-term Token buyback plan, using platform operating income to buy back circulating BB Tokens, in order to reduce the market Circulating Supply. It is reported that within just a week, the project party has completed the buyback of 8.87 million BB Tokens, aiming to enhance the confidence of Token holders.



The project party confirmed that the total supply of BB Token is set at approximately 2.1 billion coins. It is worth noting that the project has launched an innovative product called "BB Prime," which successfully combines tokenized currency funds with on-chain yield strategies, creating a new financial model.

Multiple sources indicate that the project has partnered with the well-known financial institution Franklin Templeton to tokenize its money market fund, which will be used as a platform for settlement or collateral assets, further expanding the project's application scope and influence.

In the CeDeFi yield model built by the project, a key highlight is the allowance for BTC or its mapping assets to enter the yield channel through both custody and on-chain staking. This innovative mechanism provides users with more diversified asset appreciation pathways.

In addition, the project's revenue certificates are constructed using the ERC-4626 standard vault, a design that not only enhances interoperability but also provides users with a safer and more transparent way of managing returns. This standardized approach is expected to promote further development of the entire DeFi ecosystem.

With the implementation of these measures, the project is gradually achieving its goal of building a comprehensive and efficient CeDeFi ecosystem. By combining the stability of centralized finance with the innovation of decentralized finance, the project is creating more value for users while also driving the entire industry forward.

However, we also need to recognize that as we rapidly develop, the project faces numerous challenges such as regulation and market volatility. Finding a balance between innovation and risk management will be key to the project's future development. Investors should also fully understand the related risks and make rational decisions when participating.
BB6.13%
BTC4.11%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 6
  • Repost
  • Share
Comment
0/400
fork_in_the_roadvip
· 9h ago
Another Ponzi Scheme
View OriginalReply0
BlindBoxVictimvip
· 9h ago
Played people for suckers for 4 years, what else can I say?
View OriginalReply0
OfflineValidatorvip
· 9h ago
Well, the repurchase is easy to say, but whether it is reliable or not is the key.
View OriginalReply0
LiquidatedDreamsvip
· 10h ago
It feels like a grand performance.
View OriginalReply0
PanicSeller69vip
· 10h ago
The buyback is so aggressive, tomorrow we will Cut Loss and Rug Pull.
View OriginalReply0
ArbitrageBotvip
· 10h ago
Rug Pull Reservation
View OriginalReply0
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)