MagicEden has unveiled a new token launch featuring an Ordinals buyback program. The multi-chain trading platform plans to allocate 15% of its trading fees to purchase Ordinals, which will be added to a permanent collection. This initiative is fully automated and establishes a direct connection between trading fees and the token's value, enhancing the long-term utility of Ordinals by linking it to platform activity.
MagicEden Introduces Ordinals Buyback Program with Trading Fees
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