Genius Launches Fee-Backed Token Buyback Mechanism, Starting With GSTOCK Token

November 5 — On-chain trading terminal Genius posted on X that it has launched a fee-backed token buyback mechanism on Genius.fun, starting with the GSTOCK token. For the GSTOCK trading pair, 20% of the fees generated by the Genius Foundation will be used for buybacks. In addition, other tokens with a market cap above $2 million can also apply to adopt the same model for buybacks.