📢 Gate Square Exclusive: #WXTM Creative Contest# Is Now Live!
Celebrate CandyDrop Round 59 featuring MinoTari (WXTM) — compete for a 70,000 WXTM prize pool!
🎯 About MinoTari (WXTM)
Tari is a Rust-based blockchain protocol centered around digital assets.
It empowers creators to build new types of digital experiences and narratives.
With Tari, digitally scarce assets—like collectibles or in-game items—unlock new business opportunities for creators.
🎨 Event Period:
Aug 7, 2025, 09:00 – Aug 12, 2025, 16:00 (UTC)
📌 How to Participate:
Post original content on Gate Square related to WXTM or its
Messari researcher: The current token buyback strategies of cryptocurrency projects are mostly "capital misallocation" and it is recommended to distribute actual value to holders in the form of stablecoins/Mainstream Tokens.
According to Deep Tide TechFlow news, on March 21, Messari researcher MONK (@defi_monk) pointed out that projects such as RAY, GMX, GNS, and SNX have programmatically repurchased tokens worth millions of dollars, but these tokens are currently valued significantly below their cost.
MONK believes that there are three major fallacies in the programmable token buyback of current cryptocurrency projects:
First of all, buybacks are unrelated to price trends, which are mainly driven by revenue growth and narrative formation;
Secondly, when income is strong and prices rise, projects will consume more cash reserves to purchase tokens at unfavorable prices;
Finally, when prices and revenues decline, projects lack the necessary funding to invest in innovation and restructuring, and even face significant unrealized losses.
Therefore, MONK believes that the current programmable buyback Token strategies of crypto projects are mostly "misallocation of capital" and suggests that projects should focus on full growth or distribute actual value to holders in the form of stablecoins/mainstream coins (such as veAERO or BananaGun).