MyShell： 8 million USDT will be used for the SHELL repurchase program, which will be executed within 90 days

MyShell has released more details about the SHELL token repurchase plan, and a total of 8 million USDT generated from SHELL transactions (buy and sell) have been frozen in the Binance account of the market maker; These assets will all be used for the SHELL repurchase plan, which will be executed within 90 days. Repurchase operations will provide stable support for token value and inject confidence into investors; To ensure complete transparency, all repurchased SHELL tokens will be transferred to an on chain wallet starting with 0x8d67 after each repurchase transaction. On March 10th, MyShell announced that it had terminated its cooperation with non compliant market makers and introduced new partners, planning to conduct SHELL repurchases.