The Aevo team has officially begun its AEVO token repurchase program, with 1 million AEVO tokens bought back at an average price of $0.42 on September 26. According to BlockBeats news on September 28, this buyback was completed on-chain, and the repurchased tokens were transferred to the treasury’s multi-signature address.
Aevo announced that it plans to repurchase at least 1 million AEVO tokens every month until December 2024, signaling a strong commitment to bolstering the value and stability of the AEVO token.
This move indicates a proactive approach to maintaining the token’s price and market confidence, ensuring long-term value for its investors and users.