The Octopus Protocol team has worked tirelessly to ensure that they will kick-start their project as fast as possible and so far its plans on revival have been very effective. Both exchanges BitMart and Gate.io now trade with V3 OPS Tokens as previously announced, all V2 token holders on wallets have received V3 Tokens, deposits and withdrawals are now enabled on Bitmart with Gates.io soon to follow.
Octopus Protocol Buy Back Program
Octopus Protocol is pleased to announce its $OPS Tokens Buy-Back Program 2.O, the team will officially purchase 2 million OPS Tokens from exchanges on the current market value. This buyback is scheduled to be conducted on 29th Nov, 5 PM UTC, the entire OPS buyback will be conducted on both of its centralized exchanges: BitMart and Gates.io.
The 2 million $OPS bought back will be divided into 2 portions with 1 million OPS Tokens getting vested for 12 months and the other half burnt and removed from the Total Supply. The Octopus team is dedicated to building the best Synthetic Asset and Derivative Market Product out there and they have at all times put the community first as a top priority. The buyback program highlights their commitment and strong belief in the project, plus the program will help ensure sustainable growth of $OPS Tokens. They hope that this initiative will help rekindle the trust that was once placed upon them.
ABOUT Octopus Protocol
Octopus is an open protocol to create, exchange, settle, and manage synthetic assets.