Yesterday· 21 JulTokenomics

Community Buyback Burn

High8.0

Description

The Rain Foundation deploys $23,000,000 in USDT to buy back RAIN from the community at a fixed, pre-set price. Each purchased token is permanently burned, with participants receiving immediate USDT settlement.

Why it matters

Foundation-funded purchases create direct RAIN demand while permanently removing acquired tokens, potentially tightening supply. The missing buyback duration and token quantity make the magnitude difficult to gauge.

Proof

Source
x.com
Added to CoinMarketCal
21 Jul 2026
Last updated
Yesterday