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Saros Foundation disclosed the buyback of 100 million SAROS tokens, and will continue to expand the buyback scale.
ChainCatcher news, the Saros Foundation responded to the recent pump in token prices through an official announcement, confirming that it has repurchased 100 million SAROS tokens (approximately 38 million USD) over the past few months, and stated that this repurchase plan will continue to be promoted and its scale will be further expanded.
The foundation stated that this buyback is the direct cause of the recent rise in SAROS prices and promised to release a detailed buyback report by the end of 2025. The specific buyback mechanism and source of funds were not disclosed in the announcement.
SAROS4.19%