Lista DAO Launches Buyback Page, Citing 1.3 Million LISTA Repurchased and 204.4 Million Locked

Lista DAO said it has launched a buyback page and outlined two mechanisms it says are reducing the circulating supply of its LISTA token. According to Foresight News, the protocol said it has repurchased 1.3 million LISTA using a portion of daily protocol revenue. Lista DAO also said it removed 204.4 million LISTA from circulating supply and locked the tokens in an irrecoverable “black hole” address. Foresight News previously reported that Lista DAO introduced Tokenomics 2.0, which removed veLISTA staking and made all staked tokens immediately unlockable without penalties or unlocking restrictions. Under the reported changes, Lista DAO plans to replace its revenue distribution mechanism with LISTA buybacks. Fees previously allocated to veLISTA stakers are expected to be redirected to protocol growth and token buybacks, with a public dashboard set up to track buyback activity.