According to Odaily Planet Daily, Farcaster announced on the X platform that the Clanker project has used two-thirds of the protocol fees generated over the past day to repurchase approximately $65,000 worth of CLANKER tokens. The remaining one-third of the fees will be used as a USDC reserve for tax purposes.

Officials said the buyback process is currently manual, with an initial execution timeline of variable duration and will be announced immediately upon completion. The process is planned to be automated in the coming weeks.