Halte uns gerne auf dem laufenden, was die Kanzlei bewirken kann.

Q: Could you please explain again the idea behind the current -WXG token buyback and how it benefits the WX DAO treasury?

Sasha: This is essentially a way to benefit from trading fees on WX. As you already know, it is at the expense of trading fees that -WXG tokens are now being bought back. Once bought back, they go to the treasury of WX DAO, where they get burned. -WXG tokens that ended up on the WX DAO smart contract will never appear on the market again, they will only be exchanged for a more liquid asset by the WX team when the WX DAO members decide to do so. And this OTC exchange with the WX team will be the final income of WX DAO.