PANews reported on October 21st that Helium's official X account announced that the project will initiate a daily market buyback of equal amounts of HNT, replacing the previous HNT destruction process from the team treasury to align with the daily network revenue burn. This buyback will be executed through an automated DCA mechanism and will not affect additional purchases from centralized exchanges, AMMs, and OTC platforms. Furthermore, Helium is preparing to establish a Digital Asset Treasury (DAT) to increase the value of HNT assets through revenue generation, and plans to present its vision for the future of wireless connectivity to traditional market investors.PANews reported on October 21st that Helium's official X account announced that the project will initiate a daily market buyback of equal amounts of HNT, replacing the previous HNT destruction process from the team treasury to align with the daily network revenue burn. This buyback will be executed through an automated DCA mechanism and will not affect additional purchases from centralized exchanges, AMMs, and OTC platforms. Furthermore, Helium is preparing to establish a Digital Asset Treasury (DAT) to increase the value of HNT assets through revenue generation, and plans to present its vision for the future of wireless connectivity to traditional market investors.
Helium to Launch Daily HNT Repurchase and Explore Digital Asset Vault Business
PANews reported on October 21st that Helium's official X account announced that the project will initiate a daily market buyback of equal amounts of HNT, replacing the previous HNT destruction process from the team treasury to align with the daily network revenue burn. This buyback will be executed through an automated DCA mechanism and will not affect additional purchases from centralized exchanges, AMMs, and OTC platforms. Furthermore, Helium is preparing to establish a Digital Asset Treasury (DAT) to increase the value of HNT assets through revenue generation, and plans to present its vision for the future of wireless connectivity to traditional market investors.
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