Interpreting the crypto project buyback craze: Why don't currency prices buy it?
Original title: Do Token Buybacks Work?
Original author: RichKing | RPS AI
original compilation: TechFlow
In our conversations with developers, we found that simple guidelines on on-chain liquidity management are very rare for early teams. As liquidity providers (LPs) and on-chain market makers, we often see common mistakes that go unnoticed until they evolve into costly problems. And most centralized exchanges (CEXs) market makers don't seem to provide much guidance on how to manage on-chain liquidity.
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Heavendex AMM (Automated Market Maker) has established a mechanism where all transaction fees are used to buy back tokens. Heavendex's token, $LIGHT, is also involved in these buyback systems.
TLDR: Scarcity ≠ Attractive
buyback tokens reduce supply. When supply decreases, people may think that demand will...
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