Octopus Protocol 1 Million OPS Token Buyback on KuCoin
A robust DeFi protocol built on the BSC, allows issuance, trade, and management of decentralized derivative assets Octopus Protocol announced its buyback program. To start with. Octopus Protocol team burned 1 million $OPS tokens from the team allocation basket to take complete responsibility for the lost tokens from the company treasury.
Starting with the first update, Octopus Protocol has decided to buy back 1 million $OPS tokens from the KuCoin exchange at the current value (Market Price). he OPS token buyback is scheduled to be conducted on 7th July at 3 PM UTC. The entire buyback program will be conducted on KuCoin exchange in a completely transparent manner and can be viewed LIVE.
The buyback tokens will be vested for 12 months after the event. The buyback program also aims at the sustainable growth of the token as a way of rewarding holders.
ABOUT OCTOPUS PROTOCOL
Octopus Protocol, a robust DeFi protocol built on the BSC, allows issuance, trade, and management of decentralized derivative assets.
