MPLX token
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Easyยท 2025-11-13 19:22
Token Buybacks & DAO Ownership - Metaplex protocol allocates 50% of its revenue to buybacks of $MPLX tokens for the DAO [1] - From June to October, monthly buybacks represented 0.5% to 1% of the total token supply [2] - The Metaplex DAO now owns over 25% of the total $MPLX token supply [2] Revenue Generation & Diversification - September protocol revenue reached $2.5 million, with $1.1 million allocated to buybacks, representing 0.8% of the outstanding supply from August revenue [3] - October marked Metaplex's second-highest month for Genesis protocol revenue [3] - In September, token creation accounted for 92% of total revenue, while Genesis revenue reached an all-time high of approximately 20% in October [3] - Metaplex is actively diversifying its revenue streams [3] Partnership - The information is presented in partnership with Metaplex [4]