Can someone fill me in on the details of this buyback? I havent really been paying attention since the ICO and I have no idea what this buyback is all about.
Just like the the word says "buyback" simply means the starta team has initiated a buyback process, they buyback sta tokens at a certain price from the exchange and burn it to reduce the total supply of sta tokens in circulation and evidently can increase the price of sta in the long run,
Less supply - increase demand - increase price, this is the whole idea of buyback, hope this helps your understanding.