KinetiqBanana Gun commits 40% of trading revenue to KNTQ buybacks on Elysium
Banana Gun, the Telegram/web3 trading bot, announced on Enter Elysium that it has committed 40% of its net trading revenue to fueling $KNTQ buybacks and burns. Kinetiq relayed the news on X with "🍌 mode on," adding the trading bot to the slate of protocols integrating with Elysium ahead of its November 9th mainnet launch on the HyperEVM.
- The commitment extends Elysium's existing token-buyback model, under which 50% of Elysium sequencer revenue is already earmarked for open-market KNTQ purchases and burns
- No details were shared on the timing or mechanics of the Banana Gun deployment on Elysium
Sources
- https://t.co/rg9rDegj1S Replying to their earlier post: 🍌 mode on @Enter_Elysium. @bananagun has committed to 40% of net trading revenue fueling $KNTQ buybacks & burns. e/acc https://t.co/fgEQLTspe4x.com ↗
- 🍌 mode on @Enter_Elysium. @bananagun has committed to 40% of net trading revenue fueling $KNTQ buybacks & burns. e/acc https://t.co/fgEQLTspe4x.com ↗
Kinetiq
