Omni Foundation repurchased 33.7% of investor tokens for $18.1 million, optimizing the community-led distribution model

According to ChainCatcher news, the Omni Foundation has announced the completion of its token buyback program to promote a more community-driven token economic model. This buyback involves repurchasing 33.7% of the tokens from early investors, accounting for 6.77% of the total supply, reducing the investors' holding ratio from 20.06% to 13.29%. The repurchased tokens will be transferred to the "community growth" category, decreasing the total holding proportion of investors, advisors, and core contributors from 48.56% to 41.79%.

The buyback was executed at a discount rate below the current market price and fully complies with existing lock-up agreements. The funds come from the $18.1 million raised during the foundation's seed round and Series A financing. The foundation emphasizes that this move aims to balance the original terms of commitment with the construction of a community-led token distribution model, avoiding the disruption of existing agreements.

The Omni Foundation stated that by adjusting the token ownership structure, more rights will be transferred to the user community and long-term supporters. This strategy partially references the "community-first" distribution model of projects like Hyperliquid, aiming to enhance the network's decentralization, governance resilience, and long-term ecological sustainability. This buyback is seen as a typical case of optimizing the token economic structure, coordinating the interests of early investors and the community through capital means.