Genius Launches Revenue-Driven $GENIUS Buyback and Burn Mechanism

Genius, an on-chain trading terminal, has expanded the role of $GENIUS in its ecosystem with a revenue-driven buyback and burn mechanism and new benefits for token holders. According to PANews on November 1, part of the revenue generated by the Genius App will be used to buy $GENIUS on the market and permanently burn the tokens. Holders will also be eligible for fee discounts in the Genius App and other applications. Those holding at least 1,000 $GENIUS can receive verified status displayed as “Top Genius” in the app and may be eligible for future airdrops and other in-app benefits. Genius previously launched a mobile app integrating BNB Chain trading, social features, and token creation.