The Magic Eden team announced sweeping changes to its native token’s economic model. The company will significantly increase the token’s buyback volume throughout 2026. This initiative extends beyond the classic marketplace and encompasses the project’s entire product line.
This upcoming expansion of the buyback program will cover all key platform offerings. The token mechanism will integrate directly into its Swaps exchange services, the Lucky Buy feature, and the Packs system. Historically, buyback efforts focused solely on activity within the main trading platform.
Project representatives stated this move is necessary to strengthen ME’s internal economy. This comprehensive approach, utilizing revenue from various services, aims to foster a sustainable environment for all market participants. The developers intend to boost the asset’s intrinsic value by directly linking product demand to the systematic repurchase of tokens from circulation.
Read also:
- Magic Eden Launches Huge Buyback Program for ME and NFTs
- Block Stranding Announced Partnership With Magic Eden and Unveiled NFT Features
- Magic Eden Launches Third Season of Trading Activity With New Features and Increased Rewards
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