Owlto completes first $OWL buyback, splits burn and stake
Owlto Finance completed its first $OWL buyback, moving all tokens on-chain to the address 0x15da33feae6a04004617d1f4c180d55520159e99. After asking the community to choose between staking or burning, the team split the tokens—50% burned permanently, 50% staked with all yield distributed to users who engaged with the announcement. The team says this buyback is the first of several rounds.
Sources
- 🔥 WE HEARD YOU, WE EXECUTED! Our first $OWL buyback is officially split: 🔥 50% BURNED FOREVER to drive deflation! 💰 50% STAKED—and ALL yield will be distributed directly to everyone who interacts with this post! We’re in this same boat together now and we want every holder https://t.co/wWJtqenhRQ Quoting @Owlto_Finance: Thank you for all your feedback! The team will discuss and execute the decision regarding staking vs. burning as soon as possible. Also, this buyback is just the beginning—more rounds are on the way! 🚀🦉 https://t.co/W6HOkoQRfRx.com ↗
- 🔥 $OWL First Buyback Completed! To ensure 100% transparency, all tokens have been moved on-chain: 📍 0x15da33feae6a04004617d1f4c180d55520159e99 Building in a bear market isn't easy, but we're here for the long haul with our holders💎 Should we STAKE or BURN these tokens next? https://t.co/VIyYKC5Y4nx.com ↗
Owlto Finance
Owlto is a Cross-Rollup module developed based on the Ethereum L2 Rollup, providing a low-cost, secure, and fast asset transfer solution. It supports asset transfers between networks such as Ethereum, Arbitrum, Optimism, StarkNet, zkSync, and Polygon, allowing users to freely transfer assets between different networks.
