Farcaster: Clanker used two-thirds of the protocol fees to repurchase approximately $65,000 worth of CLANKER tokens

PANews reported on October 25th that Farcaster tweeted that Clanker used two-thirds of the protocol fees generated in the previous day to purchase approximately $65,000 worth of CLANKER tokens. The remaining one-third of the proceeds will be retained in USDC for tax purposes. The purchase process is currently manual, with an initial execution schedule that is not fixed. Purchases will be announced immediately upon completion, with automated repurchases planned for the coming weeks.

According to previous news , Clanker joined the Farcaster ecosystem and launched the $CLANKER repurchase and deflation mechanism.

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Author: PA一线

This content is for market information only and is not investment advice.

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In the past 24 hours, a total of $278 million in contract liquidations occurred across the entire network, primarily affecting short positions.
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