We're thrilled to announce that we have recently acquired 22,900 $APEX via a TWAP swap as part of our commitment to kick off the ApeX Buy-Back and Share (BBS) Program, launching this November!
This is the first stage in our plan to buy back $APEX tokens , which we'll soon begin distributing to participants in this exciting new initiative.
What is the BBS Program?
The Buy-Back and Share (BBS) Program is a new initiative by ApeX Protocol designed to allow token holders grow their $APEX holdings by benefiting directly from our platform's growth.
Here's how it works:
Fee revenues accumulated over time on ApeX are used to buy back $APEX tokens from the open market.
These tokens are then distributed to users who commit their $APEX to the BBS pool, coming soon on ApeX in a couple of weeks.
This program creates sustained buying pressure in the market, while helping users accumulate more tokens over time.
As our buy-back progresses, future rewards will shift to stablecoins (USDC/USDT), offering an even greater long-term advantage for participants.
🔔 Want to be among the first to benefit?
Ensure you're holding $APEX to secure your spot in the BBS Program once it rolls out! Early participation is key to maximizing rewards, so ensure you have sufficient funds to dive in.
$APEX is available for trading on the following exchanges: