DeFi· ★★· bullish·

Derive Proposes Allocating 50% of Protocol Revenue to DRV Buybacks

  • —Proposal would lift Derive's revenue share for DRV buybacks to 50%
  • —Governance discussion is open on the protocol's forum
  • —DRV is the native token of onchain derivatives protocol Derive
Why it matters: A larger buyback share reduces DRV supply and could support the token's price if approved.
Source: ChainCatcher 链捕手