According to BlockBeats, on August 23, SunDog announced via social media that the trading fee profits generated by SUNBOT over the past 30 days will be used for the buyback and burn of SUNDOG tokens. On August 22 alone, SUNBOT recorded nearly $20 million in trading volume, with over 40,000 users and $150,000 in trading fees. Additionally, on August 23, more than $50,000 worth of SUNDOG tokens were bought back and burned. This buyback and burn initiative will continue for the next 28 days.