[Genius Launches New Token Buyback Mechanism, GSTOCK Becomes the First Applicable Token] BlockBeats reported on November 5th that Genius.fun has launched a token buyback mechanism based on transaction fee revenue, with GSTOCK as the first applicable token. According to the announcement, 20% of the Genius Foundation transaction fee revenue generated by the GSTOCK trading pair will be specifically used to buy back GSTOCK. Furthermore, this mechanism is not limited to GSTOCK. Other tokens with a market capitalization exceeding $2 million are also eligible to apply for the same arrangement, using a portion of their trading pair's Genius Foundation transaction fee revenue for token buybacks. This means that eligible projects can apply to link transaction fees generated from trading activity to token buybacks, with GSTOCK becoming the first pilot token for this mechanism. [Original Link]