FINO price

FINO

FINO is an innovative blockchain-based platform token created on Ethereum blockchain that has introduced a decentralized autonomous organization (DAO) buyback system. The main idea behind this system is to improve the value of FINO tokens for holders by utilizing a portion of the platform's revenue to purchase FINO tokens in the open market. This approach aims to create a sustainable demand for FINO tokens, which would ultimately lead to an increase in their value. With the implementation of this DAO buyback system, Project FINO is striving to build a strong community of token holders and enhance the overall user experience on its platform. The FINO DAO buyback system is a unique mechanism in the DeFi space that allows for the creation of a buyback pot from the fees collected on token transactions. Specifically, 3% of all token fees are allocated to this buyback pot. With the creation of this pot, token holders can then vote on when buybacks occur for the tokens. This gives token holders an active role in the management of token supply and ensures that there is always a market demand for tokens due to the buyback mechanism. The FINO DAO buyback system allows for an innovative method for maintaining token liquidity and provides additional benefits to token holders beyond mere value appreciation.

FINO buyback can be used by its holders using the FINO DAPP where holders vote for the buyback to be initiated.