🚨 ITL HOLDERS, A BIG TREASURY MOVE IS ON THE TABLE! 🔥
InterLink Labs has proposed a Reverse Auction mechanism for its long-term ITL Treasury strategy. Under the proposal, community members could voluntarily submit the amount of ITL they want to sell and the price they are willing to accept, after which InterLink Labs may selectively repurchase offers.
💠 Choose your ITL amount
💰 Set your asking price
🤝 Participate voluntarily
🏦 Build a stronger long-term ITL Treasury
The proposal also puts an important question to the community: should repurchased ITL be permanently burned to reduce supply, or used to support ambassadors, builders, KOLs and other contributors?
⚠️ Important: the information currently available describes this as a proposal submitted for Foundation approval, so I cannot confirm that a live buyback with the previously circulated Phase 1 deadline is officially active.
🔥 A Treasury strategy. A community decision. A new chapter for ITL.
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