DYDX token surges 8% after dYdX announces buyback program

DeFi protocol dYdX has announced the launch of a token buyback program. The protocol plans to spend 25% of its net protocol fees on buying back the DYDX token from the open market. In an announcement today, the protocol stated that the move would reinforce confidence in the token. According to dYdX, the acquired tokens […] source: https://www.cryptopolitan.com/dydx-token-surges-8-after-buyback-program/