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dYdX Announces Buyback Program, Boosting Token Value
- dYdX has announced a buyback program to boost the value of its DYDX token.
- 25% of the protocol fees will be allocated to repurchasing DYDX tokens from the market.
- The buyback is aimed at preventing external control over the token supply and enhancing security.
- The move has sparked discussions about potentially expanding the buyback percentage in the future.
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