According to Odaily Planet Daily, Momentum Finance, a leading decentralized exchange and liquidity hub in the Sui ecosystem, officially launched its MMT buyback program on November 11.

This move marks a significant step for Momentum towards a ve(3,3) model DEX. According to the plan, the protocol will use platform revenue to buy back MMT tokens and redistribute them to veMMT holders. This buyback program will reward Title Deed and WAGMI participants, encouraging users to stake MMT and convert it to veMMT, while reducing the total circulating token supply and further strengthening the ecosystem's token economy.