Home
News
Details

MagicEden Launches Ordinals Buyback Program

iconKuCoinFlash
Share
Share IconShare IconShare IconShare IconShare IconShare IconCopy
This is the logo of the coin.
ORDI
$3.798-4.88%
MagicEden announced a token launch with its Ordinals buyback program. The multi-chain trading platform will use 15% of trading fees to buy Ordinals, which will be added to a permanent collection. The process is fully automated. What is notable is the direct link between fees and token value. The move ties platform activity to Ordinals’ long-term utility.
Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information. Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.