Kinetiq: Oku pledges 40% of net trading fees to KNTQ buybacks and burns - 07 Nov 2026
Oku pledges to use 40% of its net trading fees from its new Elysium deployment to buy back and burn KNTQ.The fee allocation adds a recurring source of demand for KNTQ through buybacks. Burning the purchased tokens removes them from circulation. The amount available for these purchases depends on the trading volume Oku generates on Elysium, since the pledge applies to a share of net trading fees.Meta-aggregation enters Elysium.Welcome, Oku is pledging 40% of their net trading fees to buying back and burning .e/acc