A new buyback feature has appeared on #STONfi, and I am increasing my deposit.

Over 3 years of the platform’s operation, fees have been accumulated for this functionality—specifically, the buyback, meaning the repurchase of tokens from the market.

They are now testing the automation of this process, and so far the following has been repurchased:

44k $STON ($20K)

106k $GEMSTON ($4.8K)

These are just the initial buybacks; more is coming. By the way, early investors will soon finish their unlocks, with only the last portion of four remaining. At that point, there will likely be no one left selling into the market.

It’s worth noting that the decision to implement this feature was made by the DAO, not #STONfi itself.

Any holder with at least 2,000 STON can join the DAO, participate in voting, and propose ideas for the development of the token and the platform.
I am also a small STON holder, currently holding 2,857 tokens in my wallet, and I plan to increase my stake in the future.

Against the backdrop of this news, the token has already gained 30% over the past week. I remember when STON was once priced at $30, and it might return to such levels under favorable market conditions and further platform development. For example, part of the tokens from these buybacks is planned to be burned, which will certainly have a positive effect on the price.

I recommend studying this token and considering it for the long term.