The Web3 social infrastructure project UXLINK has launched a pivotal governance vote, proposing to allocate a portion of its monthly profits to systematically buy back its native token, UXLINK. The announced target is to repurchase at least 1% of the total token supply, with the acquired tokens to be held in a strategic reserve rather than immediately burned.
The proposal, which is open for community voting and scheduled to conclude on December 27, comes as the project reports steady profitability and user growth but believes its market value lags behind this fundamental performance. Following the announcement, the UXLINK token price climbed over 5%, trading near $0.01166 at the time of reporting.
This move aligns with a broader buyback trend in the crypto market in 2025, with total spending across projects exceeding $1.4 billion by mid-October. Other platforms like Hyperliquid, LayerZero, and Pump.fun have made similar commitments. The proposal is framed as a governance-driven strategy to create upward price pressure, signal financial health, and establish a sustainable economic model that links operational success to token holder rewards.
