Beyondfi Buyback Program
Hello Beyond Community,
Since our platform launch, we have experienced substantial growth and made remarkable achievements in pushing for better-decentralized finance. But we want to go further and above. And we cannot do this without the community and, most notably, the value of our native token.
To facilitate the process and further uphold our vision for limitless markets with limitless access, we are announcing a BYN buyback plan.
We will actively implement our buyback strategy as part of our broader efforts to expand community building further and promote the development of our ecosystem.
Allocated Sum & Mechanism
We will begin discretionally and periodically repurchasing our token in the open market, which we consider appropriate at times and prices. Beyondfi DEX trading fee will be the budget’s primary source, and other fees will be reinvested directly into the buyback.
Additional budgets may be allocated for future buybacks following company growth and market conditions.
Timing
The program is set to begin immediately. After our initial purchase, we will review its impact and decide on a potential new buyback scheme.
Future Plans for Repurchased Tokens
The BYN acquired will be injected into our treasury. With more BYN in our treasury, we have more BYN to provide for projects that are willing to join our vision. We will make sure the repurchased tokens.
“The buyback program is a statement of our strong financial position. We are confident of our ability to simultaneously upgrade our products, be financially sustainable by maintaining a strong balance sheet, and invest in alternative growth strategies, all while providing significant utility and trust to our holders.”
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Let’s go beyond and above together!
About Beyondfi
Beyond is a decentralized synthetic product trading platform where users can create and trade synthetic financial products, unlocking the full potential of decentralized finance and derivatives without limits. With prominent key partners including Huobi Ventures, Spark Digital Capital, and OKex Block Dream Fund, Beyond Finance allows users to trade decentralized products without any restrictions, allowing individuals to reach their fullest to realize the value of Decentralized Finance fully.
