**[Resolv Foundation Launches RESOLV Buyback Program, Over 1.04 Million Tokens Repurchased]** Foresight News reports that the Resolv Foundation has announced the launch of a protocol revenue buyback program. The foundation will use protocol revenue to repurchase RESOLV tokens on the open market weekly and transfer the repurchased tokens to the foundation's treasury, removing them from circulation. Since gradually activating the fee switch on July 31, Resolv has generated $226,000 in core protocol fees, approximately 75% of which has been used for the initial buyback. This buyback involved spending around $170,000 to purchase 1,046,699 RESOLV tokens at an average price of approximately $0.16 per token. The buyback ratio will be dynamically adjusted based on market conditions and growth objectives. Since July 1, Resolv has accumulated over $380,000 in revenue, with an estimated annualized revenue of approximately $7.3 million. The revenue primarily comes from staking pool profit-sharing, partner incentives, and other services. The foundation stated that the buyback program aims to establish a long-term linkage between protocol usage and token value, reduce circulating supply, and support sustainable ecosystem development. Relevant data will be transparently disclosed on-chain and via the Dune dashboard.