Four.Meme: BNC4 Completes First Daily Buyback, Approximately $356,000 in 4Stock Repurchased and Burned

BlockBeats news, September 10th, Four.Meme posted on the X platform stating that the BNC4 Daily Buyback has completed its first repurchase and burn, repurchasing and burning a total of 10,169,329 4Stock from the market, valued at approximately $355.9 thousand.

The funds for this repurchase came from all product revenues generated by BNC4 on September 8th and 9th, including 115,057 USDT and LP fees of 11,652 BNC4, as well as Bonding Curve transaction fees of 33,930 BNC4.

Additionally, Four.Meme stated that rankings will be reset daily thereafter, and 100% of BNC4's daily product revenue will be used to repurchase the qualifying BNC4-paired community Meme coin ranked first on that day and burn it entirely.