ForTube conducted a buyback and token burn FOR
ForTube's governance mechanism completes its fourth FOR buyback and destruction, and the number of tokens burned is 802,170.
On March 2, ForTube, DeFi's credit platform, announced on Twitter that it had completed its fourth buyback and destruction of the FOR ecosystem management tokens, with a total of 802,170 FOR destroyed. The total value of this destruction is approximately $32,889, and the quantity destroyed represents approximately 0.08% of the total number of tokens.
The result of this wellness effort has been a slight increase in FOR, which is currently at $0.06 per coin with a 50% increase over the past 24 hours. The ForTube platform ranks 12th in DeFi Station's ranking, with nearly $28 million in TVL and has shown a recent trend of gradual growth.
