iExec has announced a strategic RLC token buyback initiative aimed at supporting ecosystem growth and increasing the RLC token's utility.
RLC Token Buyback Program
The RLC token buyback initiative is designed to support the continued growth of the iExec ecosystem and expand the utility of RLC. The program aims to strengthen the RLC ecosystem, drive sustainable growth, enhance token utility, expand real-world applications, and support new token incentive programs.
Strategic Allocation
RLC tokens will be allocated as follows: 40% toward development, support, and investment; 30% to a strategic treasury for partnership flexibility and growth initiatives; and 30% for liquidity provision on decentralized and centralized exchanges, ensuring efficient trading.
About iExec
iExec serves as the trust layer for DePIN and AI, enabling confidential computing and secure off-chain execution. The iExec ecosystem allows participants to control, protect, and monetize their digital assets using the iExec RLC token.
Through the buyback program, iExec aims to enhance the long-term utility and sustainability of the RLC token, fulfilling its mission to support decentralized computing.
