星球日报|Nov 11, 2025 02:47
[Momentum Finance Launches MMT Buyback Program, Officially Ushering in the ve(3,3) Era]
Odaily Planet Daily News – As the leading decentralized exchange and liquidity hub in the Sui ecosystem, Momentum Finance officially launched the MMT buyback program on November 11. This move marks an important step for Momentum towards becoming a ve(3,3) model DEX. According to the plan, the protocol will use platform revenue to buy back MMT tokens and redistribute them to veMMT holders. The buyback program will bring rewards to Title Deed and WAGMI participants, encouraging users to stake MMT and convert it into veMMT, while simultaneously reducing the total circulating supply of tokens, further strengthening the tokenomics of the ecosystem.
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