The Bitcoin -based defi project Threshold Network’s Token, the last week has increased an unexpected increase in the general market. The value of the local Token T’s value increased significantly compared to last week. This increase in market conditions is associated with the strategic structural changes implemented by the project.
T coin rise
Threshold Network allows you to process with TBTC -wrapped Bitcoin, which can be used in an unforgettable financial ecosystem. The local token of the project, T, attracted the attention of investors by increasing the price since last week. Token’s value rose from $ 0.0143 to $ 0.0223; In the last 24 hours, an increase of about 48 percent was observed.
Why did T coin rose?
The project aims to save approximately 1.1 million dollars for annual operation expenses by deciding to restructure DAO. This step can cause significant financial productivity by combining $ 8.5 million savings due to the abolition of TBTC Stinging Awards. The management also plans to eliminate the sales of T Token in the Treasury and use them for strategically re -investment.
DAO treasure will continue to accumulate T token with bridge fees with TBTC and Token Buyback. Within the scope of the restructuring process, it was reported that the project purchased approximately 30 million T token in the first stage for 5.8 TBTC. This move aims to create a positive cycle in the ecosystem by strengthening the economic connection between T Token and TBTC.
Threshold Network Announcement: iki An annual savings of 8.5 million dollars caused by the abolition of T Stinging Awards prepares an important basis of profitability. Cost efficiency will support the strategic re -investment process by providing the TKEN sales from the treasury. It will be supported by growth and increasing TVL. ”
These strategic moves implemented in the project are considered as steps towards the aim of increasing economic efficiency and establishing a strong growth mechanism in the ecosystem. Structural changes can enable the project to achieve a more sustainable model.
Developing strategies can allow investors’ interest in the project and more participation in the defi ecosystem. These developments are expected to contribute positively to the general growth tendency of the ecosystem.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.
