Crypto protocol Sky has spent $75 million in the past six months on a plan to buy back its token, boosting its price by 8% since February. SKY’s buyback started on Feb. 24, with $4.28 million spent that month. Its largest month for buybacks was March, with $18.31 million spent. SKY hit a high of 9.6 cents in late July, nearing its all-time peak of just over 10 cents in December.

World Liberty Financial and Pump.fun join buyback plans. World Liberty Financial proposed using all of its protocol fees to buy back and destroy its WLFI token. WLFI has dropped over 16% to 23 cents since trading began. Pump.fun initiated a token buyback scheme using $66.5 million of revenue, resulting in a nearly 30% gain over the past month.

Read more at Cointelegraph: Sky’s $75M Token Buyback Sees 8% Gain