[Fluid Initiates Buyback to Establish On-Chain Reserve for FLUID Token, 100% of Ethereum Mainnet Revenue in the First Month Allocated to Buyback] Foresight News reports that the lending protocol Fluid has announced the creation of an on-chain reserve for the FLUID token, guided by a buyback and growth strategy. The team is developing a dedicated buyback and tracking system to determine the optimal proportion of protocol revenue allocated for buybacks. During this period, the DAO will adopt a transitional approach, allocating 100% of Ethereum mainnet revenue in the first month to buybacks (approximately $1.7 million based on current levels). The buyback officially commenced in the first week of October.