Tectum, a Layer-1 blockchain, has announced a TET token buyback program to strengthen its treasury and drive sustainable growth
Author: Sahil Thakur
Written On: Mon, 23 Dec 2024 03:33:51 GMT
Tectum, a Layer-1 blockchain, has announced a TET token buyback program to strengthen its treasury and drive sustainable growth. The initiative aims to enhance the tokenâs utility, boost ecosystem stability, and create value for TET holders.
Alexander Guseff, Tectumâs Founder and CEO, emphasized the programâs importance, stating, âThis buyback initiative is a testament to our strong belief in the TET tokenâs potential and the future of our ecosystem.â He reiterated TETâs critical role in Tectumâs mission to enable zero-cost, instant, and borderless global payments.
This TET token buyback aligns with Tectumâs long-term vision by supporting treasury growth, accelerating blockchain innovation, and maintaining TET as the ecosystemâs backbone. The token powers SoftNoteâ˘, Tectumâs Layer-2 solution for wallet-less and transaction-less payments, designed to make cryptocurrency practical for everyday use.
According to the team, transparency remains a priority, with Tectum pledging regular updates to its community throughout the program. By fostering collaboration and trust, Tectum aims to solidify its position as a leader in blockchain innovation.
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