Omni Foundation has recently officially completed the token buyback plan from initial investors, aiming to adjust the token distribution model towards community-led guidance. Specifically, the organization has bought back 33.7% of early investors' tokens – equivalent to 6.77% of the total supply – with a total value of up to $18.1 million.
After this buyback, the holding rate of the initial investor group has significantly decreased from 20.06% to 13.29%. The bought-back tokens will be transferred to the "Community Growth" portfolio, thereby reducing the total ownership rate of investors, advisors, and key members from 48.56% to 41.79%. Notably, the entire buyback transaction was conducted at a price lower than the current market price and fully complied with the previously committed token lock-up terms.
The Capital used for this buyback comes from Omni Foundation's seed round and Series A funding, with a total raised amount of $18.1 million. Omni Foundation representatives emphasized that this strategy aims to create a balance between initial commitments and the long-term goal of building a decentralized token ecosystem where the user community plays a central role.
By adjusting the token ownership structure, Omni Foundation aims to transfer more benefits and influence to the user community and long-term supporters. This strategy is inspired by the "community-priority" distribution model of prominent projects like Hyperliquid – where decentralized governance, system resilience, and long-term sustainability are prioritized.
This token buyback move is considered a typical step in optimizing the token's economic structure through financial measures to coordinate interests between early investors and the community, while contributing to increased transparency and fairness in the Omni ecosystem.
