This article was first published on Stories by TRON Foundation on Medium
As the TRON ecosystem continues to grow and prosper, we are seeing increasing attention of our users on the TRON buy-back plan and the TRX holding plan by TRON Foundation. We hereby would like to make the following announcement:
1. In order to promote community activity and market stability, we will conduct by far the largest TRX buy-back plan with the widest coverage in the secondary market, which will last for a year and will be conducted in several batches with no more than $20 million.
2. The TRX holding of TRON Foundation will be unlocked on January 1, 2020. TRON Foundation has not designed any plan as to how to process the unlocked TRX, and will continue to increase our TRX holding in the secondary market to manifest our confidence in the development of the TRON ecosystem.
25, June 2019
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Stories by TRON Foundation on Medium