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📰 Sky Protocol Executes Massive Buyback — $1.9M USDS for 29.52M SKY!
According to Odaily Planet Daily, Sky Protocol announced on X that last week it spent 1.9 million USDS to repurchase 29.52 million SKY tokens.
Since the launch of this buyback plan, the total repurchase amount has now exceeded 104 million USDS, signaling strong commitment to supporting SKY’s market value and liquidity.
💡 Takeaway: Strategic buybacks like this can tighten supply, potentially stabilize price, and show confidence from the protocol team.
#SKY #SkyProtocol #CryptoBuyback #USDS #CryptoNews