Why Linkers’ 10M strategy changes the game for the $ITL / $ITLG ecosystem?
The InterLink ecosystem isn’t just celebrating the historic milestone of its 10 million users; it’s injecting real value through the official activation of Phase 1 of its Reverse Auction Buyback program. Here’s a complete breakdown of this innovative mechanism and its impact.
Mechanics Focus: Reverse Auction Buyback
Unlike classic buybacks where the team repurchases at an arbitrary price or directly on the markets, InterLink Labs takes a decentralized approach guided by the community.
The concept: It’s you who determines your selling price. Token holders submit the quantity of $ITL they want to sell, along with the requested price per token.
Strategic selection: InterLink Labs uses funds from its own treasury to validate bids. Absolute priority is given to the most competitive price offers in order to optimize the treasury budget allocation.
Immediate conversion: Selected participants receive USDT (BEP20) directly in exchange for their $ITL, providing top-tier liquidity ahead of major listings.
Offer destruction (Burn): The tokens repurchased will be used to fund the rewards program for the 10M Linkers, while any excess will be permanently burned—reducing the circulating supply to enhance scarcity.
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