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Waves CEO Sasha Ivanov took to Twitter to ask the Waves community in a Twitter poll, whether they should consider a token buyback. The poll currently shows 69% being in favor of the buyback.
Sasha Ivanov, the CEO of Waves, hinted at a possible token buyback in a recent Twitter poll.
The CEO asked the question whether Waves should consider a token buyback, with the intention to reduce the circulating supply of the Waves token.
The Twitter poll by Ivanov, shows fairly positive responses from the Waves community, with more than 4800 votes casted, of which 69% being in favor for the token buyback and 31% against.
Shall we announce a $waves buyback?
— Sasha Ivanov (@sasha35625) July 5, 2019
Ivanov took the extra effort to explain to his followers the exact defintion of a token buyback.
https://t.co/xEy29uPk5X
— Sasha Ivanov (@sasha35625) July 5, 2019
Although the Twitter poll shows that a large majority of the Waves community is in favor of a token buyback, it is unclear whether Ivanov will actually decide to implement the token buyback program.
Waves is currently trading at $1.99 and is showing a 7% loss on the day.
Perhaps the poor performance of Waves during recent months, is the reasoning behind Ivanov's proposal?
What do you think? Is it a good idea to implement a token buyback program? Let us know in the poll below.