Since June 10, ANT.FUN has been using 97% of platform revenue for buybacks and burn of $ANTFUN, continuing for more than a month.
After the platform generates revenue, it takes 97% of it to buy back tokens from the market, and then burns the portion that was bought back. The buyback creates purchases, while the burn reduces circulating supply. In the screenshot, the price of $ANTFUN has reached $0.042384, with a market cap of about $376 million.
However, 97% is only a ratio—the strength of the buybacks ultimately depends on the platform’s revenue. The higher the revenue, the larger the actual buyback amount; if revenue declines, even if the ratio remains the same, fewer tokens can be bought back.
ATH reflects market sentiment only. Going forward, what matters most is the platform’s revenue, the actual buyback amount, and the total cumulative number of tokens burned. @ant_fun_trade
After the platform generates revenue, it takes 97% of it to buy back tokens from the market, and then burns the portion that was bought back. The buyback creates purchases, while the burn reduces circulating supply. In the screenshot, the price of $ANTFUN has reached $0.042384, with a market cap of about $376 million.
However, 97% is only a ratio—the strength of the buybacks ultimately depends on the platform’s revenue. The higher the revenue, the larger the actual buyback amount; if revenue declines, even if the ratio remains the same, fewer tokens can be bought back.
ATH reflects market sentiment only. Going forward, what matters most is the platform’s revenue, the actual buyback amount, and the total cumulative number of tokens burned. @ant_fun_trade