UXLINK: The first batch of buybacks will be launched this weekend, and the repurchased UXLINK Tokens will be used for the "Redemption and Compensation Program".

GateNewsBot

2025-10-14 03:42:53

Abstract generation in progress

Jinse Finance reports that UXLINK has released an update on its repurchase progress, with the first batch of repurchases set to begin this weekend. The funds will come from frozen funds returned by partners from Crypto Assets exchanges (CEX). This repurchase will take place on exchanges where UXLINK trading has resumed (based on the Ethereum Mainnet). According to the approval of the community proposal, all repurchased $UXLINK tokens will be used for the “Swap & Compensation Plan”. Based on the same proposal, as we receive more returned frozen funds, subsequent rounds of repurchase will continue.

UXLINK1.07%

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

7 Likes

Reward
7
11
Repost
Share

Comment

0/400

细水长流吃穿不愁1

· 10-20 10:12

Refund

View OriginalReply0

aiRebot

· 10-14 22:53

The real loss for the exchange is the money that was deposited into the exchange after the Snapshot and then sold, and the money that was transferred away. Why should this part of the money, which we did not deposit, be borne by those who legally bought coins on the exchange? Moreover, how much of this money is there, and how much is frozen? It is not transparent, and will the exchange make a significant profit from this incident?

View OriginalReply0

ParnoRuslan