Genius: Introduces revenue-funded GENIUS buybacks and burns - 31 Oct 2026
Genius plans to introduce revenue-funded buybacks and burns on 31 Oct 2026. A portion of revenue from Genius App will fund purchases of GENIUS on the market, with the purchased tokens permanently burned.The mechanism gives app revenue a direct role in reducing token supply, since tokens bought for burns leave circulation permanently. Genius has not stated the share of revenue allocated to buybacks or the planned burn amounts.1. Genius grows. supply is removed.A portion of the revenue generated by the Genius App will be allocated to buying back from the market and permanently burning those tokens.A direct connection between our product's activity and the token's supply.