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#THORWallet代币支持计划 Wow! I just saw an interesting news that the Ether.fi project is actually planning to buy back its own tokens with 50 million dollars! It sounds pretty impressive, but I’m still a bit confused 🤔 What does buy back mean? Is it just like us buying things normally, except they are buying their own issued tokens?
By the way, I noticed that the ETHFI token has already dropped over 89% from its highest point this year, and now it’s only $0.93! Oh my gosh, that’s such a huge drop 😱 But they said they want to buy back below $3, maybe they think the current price is too low and want to push it up?
This is the first time I’ve heard of a project team buy back their own tokens. Can experienced friends tell me, is this good or bad for the project and investors? It feels pretty complicated, I hope someone can explain it to me~