The SEC added four words to its buyback FAQ: "and has no central party." That is the right test, and not only for lawyers. Discretionary buybacks fail it: a vote can start them, a vote can stop them. Value return is real when no one decides whether it happens. #DeFi #Tokenomics
This content is for informational and educational purposes only. It may include third-party insights, sponsored content, or promotional material for which the creator may receive compensation. Nothing in this feed constitutes investment advice or a guarantee of returns. You are solely responsible for your own investment decisions. Always conduct your own research and exercise caution before trading. We do not guarantee the accuracy of third-party information and are not liable for any losses incurred. Past performance is not indicative of future results. Please refer to our Community Terms and Risk Disclosure Statement for details.
Post your reply