ApeX Launches APEX Token Buyback Program, Covering $12 Million in Initial Funding and 50% of Future Protocol Revenue

ApeX Protocol has announced the launch of its APEX token buyback program, leveraging past revenue with a one-time commitment of $12 million to kick off the program. Starting next week, 50% of ApeX Protocol's daily revenue, along with the $12 million commitment, will be used to repurchase APEX tokens from the open market. This allocation will gradually increase over time, ultimately reaching 90% of all revenue. Buybacks will occur weekly from the open market, starting next week. All repurchased tokens will be transferred and locked to an on-chain public address, fully visible to the community.