Md Maruf T2 InterLink Community Builder ๐ง๐ฉ
2K views โข 5 hours ago
๐ฅ What Can Happen to Repurchased ITL?
When InterLink Labs repurchases ITL from the market through the Reverse Auction mechanism, the acquired ITL may have different potential uses.
๐ฅ Permanent Burn
Some of the repurchased ITL may be permanently burned, helping reduce the circulating supply.
๐ค Supporting Contributors
Repurchased ITL may also be distributed to Ambassadors, builders, developers, KOLs, and other community contributors who help grow the InterLink ecosystem.
โ๏ธ A Combination of Both
The repurchased ITL could also be used through a combination of burning and contributor support, depending on future governance decisions.
The key point is that the final use of repurchased ITL can be determined through future governance, keeping the process aligned with the long-term interests of the ecosystem.
๐ Reverse Auction is not just about buying ITLโit creates new possibilities for how ITL can be managed strategically.
#InterLink #ITLG #ITL #ITL
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