- Aethir launches NFT buyback, impacting market dynamics.
- Launch on May 27, 2025.
- Potential price volatility in Aethir’s market.
Aethir Foundation will launch the Checker Node Buyback Program on May 27, 2025, allowing NFT holders to sell their assets back for eATH tokens. The program’s announcement was made through Aethir’s official blog.
The Aethir Checker Node Buyback Program, scheduled for May 27, is significant due to anticipated market impacts and community interest. Immediate reactions suggest increased scrutiny of Aethir’s market strategy.
The buyback program, initiated by the Aethir Foundation, enables Checker Node NFT holders to sell their NFTs at a predetermined price. Payments will be made in EigenATH (eATH) tokens, reflecting a centralized strategy.
“This initiative allows Checker Node NFT holders to sell their NFTs back to the Aethir Foundation at a fixed price paid in EigenATH (eATH) tokens.”
Aethir Foundation’s announcement was made on May 14, 2025, aiming to provide flexibility for NFT holders. The program promises to enhance decentralized cloud computing efficiency while calling for strategic market adjustments.
The financial implications include a 10% transaction fee covering operational costs, likely increasing market volatility. Stakeholders may experience shifts in ATH and eATH valuations, impacting circulating supply.
The program allows individuals to participate by connecting their wallets to the Node Marketplace. The process involves selling NFTs at a market-based price, with eATH tokens locked for one year post-sale.
Projected outcomes include potential shifts in market circulation and liquidity, with historical precedents indicating possible adjustments in token supply management. Market analysts anticipate regulatory scrutiny, offering insights through existing market data.
About the author
Singapore Suspect Arrested in US$1.01 Million Crypto Scam
Singapore police arrest suspect in US$1.01 million cryptocurrency scam, impacting virtual currency investments.
CoinMarketCap Systems Restored After Malicious Pop-up Removed
CoinMarketCap confirms full operational status after removing a malicious pop-up, with no impact on assets or data.
CRV Gains, UNI Decline Despite Lack of Fresh News
CRV rose 2.72% while UNI fell 5.84% amid routine DeFi market volatility.
CoinMarketCap Suffers Security Breach, Warns of Phishing Risk
CoinMarketCap’s front-end breached with phishing pop-ups, urging vigilance among users.
Trump Criticizes Fed Chair Powell, Urges Rate Cuts
Trump labels Powell a 'moron,' suggests rate cuts, and hints at his dismissal as Fed Chair.
Bitcoin Price Drops Below $103,000 Causing Market Volatility
Bitcoin falls below $103,000, triggering significant market liquidations and impacting altcoins.
Related
Next Crypto to Explode: Troller Cat Presale, Floki & Popcat.
Discover the next crypto to explode with Troller Cat’s presale, Floki’s utility boost, Popcat’s viral update, and why now is the best time to buy.
Singapore Suspect Arrested in US$1.01 Million Crypto Scam
Singapore police arrest suspect in US$1.01 million cryptocurrency scam, impacting virtual currency investments.
CoinMarketCap Systems Restored After Malicious Pop-up Removed
CoinMarketCap confirms full operational status after removing a malicious pop-up, with no impact on assets or data.
CRV Gains, UNI Decline Despite Lack of Fresh News
CRV rose 2.72% while UNI fell 5.84% amid routine DeFi market volatility.
CoinMarketCap Suffers Security Breach, Warns of Phishing Risk
CoinMarketCap’s front-end breached with phishing pop-ups, urging vigilance among users.
Qubetics, Cosmos, and Cardano Ranked Among Top Crypto to Invest in for Short Term by Analysts
Explore why Qubetics, Cosmos, and Cardano are trending as the top crypto to invest in for short term this week.
Be the first to leave a comment