Derive DAO will initiate a repurchase of DRV on the open market, with an initial amount of $205,000

Golden Finance
2025.01.16 03:24

[Derive DAO will start repurchasing DRV on the open market, with an initial amount of $205,000] On January 16th, the on-chain options protocol Derive stated on X that Derive DAO will begin repurchasing DRV on the open market. The first repurchase will amount to $205,000, which is equivalent to 25% of the fees generated so far in January