Solana Mobile Starts Daily SKR Buybacks and Burns
Solana Mobile is using validator and wallet revenue to buy and burn SKR daily, with over 1.1 million tokens burned since October 15.
Cryptocurrency news, market insight, company coverage, and practical guides related to token buyback.
HYPE leads Grayscale’s Tokenholder Yield ranking at 8.0%, while CAKE tops Adjusted Earnings Yield at 14.4%. The two metrics measure different token economics.
Castle Labs puts Hyperliquid’s lifetime revenue at about $1.4 billion, with over $1.26 billion spent on HYPE buybacks and a leading share of onchain perps.
Pyth DAO will use all eligible product receipts to accumulate PYTH, replacing monthly votes as the network reports $11.5 million in annual recurring revenue.
Stani Kulechov says AAVE burns are under consideration for Aavenomics 3.0, potentially changing how the protocol handles tokens acquired through buybacks.
Solana-based Step Finance is shutting down after a $40 million security breach drained its treasury. The firm said financing and acquisition efforts failed in the aftermath.