lium: Buyback and burn uses TAO deposit revenue - 05 Aug 2026

Lium reports it completed another buyback and burn using revenue generated from TAO deposits.The mechanism directs revenue from deposits toward token purchases and permanent removal, creating direct support for reducing token supply. The completed action gives holders a specific supply-reduction event to track rather than a stated future plan.The announcement does not specify the amount spent or the number of tokens removed. That leaves the scale of the supply change unquantified, even though the funding source and action are stated.just did another buyback and burn, and in less than a month, we generated nearly ~$400,000 in revenue from just Tao deposits.All of it was used to buyback and burn. 🔥