Sky Protocol Repurchases 73M SKY in August — Total Buybacks Near 75M USDS
According to its official statement, Sky Protocol used 5.5M USDS in August to repurchase 73M SKY and has spent nearly 75M USDS on buybacks since launching its plan.
USDS
SKY
Summary
No Summary provided as the original text is short
Terms & Concepts
Token buyback: A project-led program to repurchase its own tokens from the market under stated parameters.
SKY: The token referenced by Sky Protocol; 73 million units were repurchased in August per the announcement.
USDS: The unit used to denote spending in the announcement; amounts cited include 5.5M in August and nearly 75M in total.