$PONS continues to show a strong protocol economy.
Over the past day, trading volume was $206M, just 1% lower than the previous day. Meanwhile, the protocol generated about $340K in revenue.
Of this, $272K has already been directed to the buyback and burn fund — this is 0.065% of the total supply for the day.
Additionally, $2.1M is already ready for further buybacks and burning — about 0.5% of the total supply.
It’s interesting to look not only at the price $PONS . If volumes stay above $200M and revenue continues turning into real buybacks and reducing the supply, the tokenomics start working even stronger.
Over the past day, trading volume was $206M, just 1% lower than the previous day. Meanwhile, the protocol generated about $340K in revenue.
Of this, $272K has already been directed to the buyback and burn fund — this is 0.065% of the total supply for the day.
Additionally, $2.1M is already ready for further buybacks and burning — about 0.5% of the total supply.
It’s interesting to look not only at the price $PONS . If volumes stay above $200M and revenue continues turning into real buybacks and reducing the supply, the tokenomics start working even stronger.
