Key Factor Behind Successful Tokenomics
80% of protocol revenue has been used for buybacks. This strategy has significantly strengthened $HOME.
Prioritizing user accumulation is essential, and @defidotapp excels at it through various sources:
+ Initial users from Degen Arena S1 and S2
+ Converting yappers into users through Yapper Season 2
+ Listing on major CEX to attract their users
+ Launching a mobile app to acquire even more users
More volume = a stronger $HOME.
Hats off to the team.
Every major technology wave went mobile first.
Crypto hasn’t.
That changes now.
The $HOME flywheel already eats 80% of protocol revenue for buybacks.
Now we’re putting it in the pocket of 700M CEX traders.
4.13K
64
The content on this page is provided by third parties. Unless otherwise stated, OKX is not the author of the cited article(s) and does not claim any copyright in the materials. The content is provided for informational purposes only and does not represent the views of OKX. It is not intended to be an endorsement of any kind and should not be considered investment advice or a solicitation to buy or sell digital assets. To the extent generative AI is utilized to provide summaries or other information, such AI generated content may be inaccurate or inconsistent. Please read the linked article for more details and information. OKX is not responsible for content hosted on third party sites. Digital asset holdings, including stablecoins and NFTs, involve a high degree of risk and can fluctuate greatly. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition.