A fundamental blockchain for global data economy, GX Chain has witnessed remarkable breakthroughs in past few days. Also, the economy has seen the growing community and ecosystem, ever-expanding international stage, more outstanding products, and the stable consensus with millions of people at the moment.
In a medium post, the community announced the launch of the secondary Market Buy-back of More than 5 Million USD. This plan of buy-back will last for two months. After the completion of the plan, the repurchased GXC will lock up for at least 6 months.
The post also read,
The first round of back-buy will start on June 5 (today), we will complete the GXC repurchasing of $250,000 in the secondary market.
Also, to ensure the transparency of the process, all the repurchased GXC will get deposited in the public address: gxc-buy-back. The community also ensures to announce the progress of the plan on Twitter and Telegram.
The GX community also announces to make much more progresses in the near future. They feel this is just the beginning, as there are much more rewarding moments blossoming in the GXChain ecosystem.