What about bidding the orderbook first
Apex “Gorilla Bid Fund” weekly update: $2,000,000 in buybacks completed!
This week’s buyback breakdown:
Past 7 days revenue: $2.427 million total generated
- 50% commitment: $1.25 million allocated to buybacks (executed over 3 days)
- Additional deployment: $750K from previously generated fees
Total buyback execution: $2 million
- Reserve status: $10.25 million remains from prior fees, dedicated for future buybacks.
“Gorilla Bid Fund” continues purchasing tokens on the open market.
All purchased tokens have been withdrawn to the dedicated “Gorilla Bid Fund” address and locked for 3 years.
Proof available on chain:
🔸
🔸
Weekly buybacks continue at randomized intervals to prevent front running.
19.26K
129
The content on this page is provided by third parties. Unless otherwise stated, OKX is not the author of the cited article(s) and does not claim any copyright in the materials. The content is provided for informational purposes only and does not represent the views of OKX. It is not intended to be an endorsement of any kind and should not be considered investment advice or a solicitation to buy or sell digital assets. To the extent generative AI is utilized to provide summaries or other information, such AI generated content may be inaccurate or inconsistent. Please read the linked article for more details and information. OKX is not responsible for content hosted on third party sites. Digital asset holdings, including stablecoins and NFTs, involve a high degree of risk and can fluctuate greatly. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition.