Introducing ๐ฃ $VNO Buyback and Burn Program ๐ฃ
A portion of the commissions earned from our yield-generating tokens will be used to repurchase and burn VNO tokens ๐ช ๐ฅ
1/ Why buy back and burn? ๐ญ
๐ We have partnered with @cronos_chain in their #Cronos #zkEVM launch by powering three new yield-generating tokens: $zkCRO $vETH $vUSD
๐ They provide new revenue source for Veno and we would like to give back to our community
2/ How does it benefit the community? ๐ญ
By reducing the circulating supply of $VNO, we aim to increase its value over time and reward VNO holders and lockers ๐ฐ ๐
Our existing programs - Veno Garden, Fountain, and Reservoir - will remain unchanged ๐ช
Learn more about the program in this article ๐
https://medium.com/@VenoFinance/fueling-growth-with-vno-buyback-and-burn-program-155bca359bac
https://x.com/VenoFinance/status/1846461650607788073?t=wLRhpH2pY9qeBe66XIc88A&s=19