This proposal aims to initiate the $TPT buyback & burn plan. Starting from July 1, 2025, TokenPocket will use 25% of the revenue from its cross-chain aggregation swap platform Transit Swap to buy back $TPT tokens on DEX and CEX, and transfer the repurchased $TPT to a black hole address for burning every six months, until the total supply of $TPT is reduced from the current 3.466 billion to 1 billion. If the buyback funds from the previous period are not fully utilized, they will be carried over to the next period for buyback. The burning of $TPT will occur once every six months, specifically on June 30 and December 31 each year, with the first burning execution date being December 31, 2025.
Note: Approximately 200 million $TPT tokens (about 6% of the total) in the original TPT DAO treasury remain unchanged and will continue to receive $TPT donations from public chains and token logos. The $TPT tokens in the treasury will be used to support the long-term development of the TokenPocket ecosystem.
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#TPT **II. Summary**
This proposal aims to initiate the $TPT buyback & burn plan. Starting from July 1, 2025, TokenPocket will use 25% of the revenue from its cross-chain aggregation swap platform Transit Swap to buy back $TPT tokens on DEX and CEX, and transfer the repurchased $TPT to a black hole address for burning every six months, until the total supply of $TPT is reduced from the current 3.466 billion to 1 billion. If the buyback funds from the previous period are not fully utilized, they will be carried over to the next period for buyback. The burning of $TPT will occur once every six months, specifically on June 30 and December 31 each year, with the first burning execution date being December 31, 2025.
Note: Approximately 200 million $TPT tokens (about 6% of the total) in the original TPT DAO treasury remain unchanged and will continue to receive $TPT donations from public chains and token logos. The $TPT tokens in the treasury will be used to support the long-term development of the TokenPocket ecosystem.