XBorg Proposes Q4 Buyback Deferral to Q1
Summary
XBorg is proposing to defer $500,000 of its planned Q4 token buybacks to Q1 of next year. This decision is based on unfavorable current market conditions, which have led to poor buyback results. XBorg believes the funds will be more effective when deployed in better market conditions and aligned with upcoming major project catalysts.
We suggest moving $500,000 of our Q4 buybacks to Q1 next year.
The market conditions have not been kind to us in Q4, thus we have seen poor results with our current buyback strategy. We believe buybacks will be more effective in greener markets and when aligned with our major catalysts. We are also taking into consideration alternative value sharing methods following our discussion with Prometheus NFT holders.
View the full proposal and cast your vote ↓
https://x.com/XBorgHQ/status/2002377099265425698?s=20
New proposal alert 🚨
We suggest moving $500,000 of our Q4 buybacks to Q1 next year.
We believe buybacks will be more effective in greener markets and when aligned with our major catalysts.
View the full proposal and vote below ↓
X
