According to Odaily, the OORT project foundation, a decentralized cloud platform, has announced its upcoming Q3 token buyback plan. The funds for this initiative are expected to come from approximately 30% of the second quarter's income, with a total amount not less than $600,000.
Since the OORT token was listed in January 2024, the OORT foundation has destroyed a total of 3.25 million OORT tokens. This accounts for 0.16% of the total supply and about 2.5% of the current circulation.
In addition, OORT is set to officially go live on a leading DEX in July. This move is seen as another significant event to enhance the accessibility and utility of OORT.