Raydium announces 86% revenue buyback program
Raydium announced it will allocate 86% of revenue to buybacks, with the remainder going to treasury. The announcement was made by Raydium's team, who also reaffirmed their long-term commitment to building on Solana.
Detected & updated continuously · Source: Nebula
Sources
@Joshuwa
$RAY Sets 86% Revenue Buyback. The rest goes to treasury. The treasury keeps the rest while future support demand grows. Buybacks need durable revenue.
@0xINFRA
I have spent the last 6 years building Raydium on Solana Solana has been our home, through thick and thin and every market condition imaginable We are frequently doubted, we are not the loudest. But we show up every day and work for those around us. The teams that build with
@SolShadowCat
Couple of the solana:So11111111111111111111111111111111111111112 runners rn were launched through @Raydium What’s that tell ya? 🤔