Marinade destroyed 300 million $MNDE tokens, and the $MNDE repurchase was launched

Marinade Finance launched a repo program, using 50% of the agreement fee to purchase $MNDE and destroying 300 million tokens worth more than $40 million. The move has been approved by MIP-14 to align token holders with the protocol growth, with monthly regular purchases expected to reach about $500,000. After the announcement, the $MNDE price surged 35% to trade at $0.181.