#RUNWAGO Dear Community,
As informed before, we have been evaluating a potential buyback and burning mechanism for Runwago tokens to support the token price before the upcoming USDC revenue share for Runwago token holders.
Burning Mechanism - Starting tomorrow (Friday), a significant token burn will take place over the following four weeks to keep the supply low and help protect the token price.
Buybacks - Starting next Monday, If the results of the burning mechanism do not meet the team’s expectations, we will initiate a buyback phase to support the token price at the desired levels.
USDC Rev