Omni Foundation has repurchased 6.77 million OMNI tokens from early investors, accounting for 6.77% of the total supply
PANews reported on May 16 that according to an announcement by Omni Labs, the Omni Foundation has repurchased 6.77 million OMNI tokens (accounting for 6.77% of the total supply) at a discount from early investors, reducing the investors' token holding ratio from 20.06% to 13.29%. The repurchase funds came from the foundation's $18.1 million seed and Series A financing.
The repurchased tokens will be transferred to the "Community Growth" pool, reducing the total token holding ratio of investors, advisors, and core contributors from 48.56% to 41.79%. This operation follows the established lock-up terms and references community-first allocation models from projects like Hyperliquid, aiming to optimize the token distribution structure. The current market price of OMNI is at a premium compared to the repurchase price.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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