Genius announces the launch of a GENIUS token buyback and burn mechanism, along with new benefits such as fee discounts for token holders.

TechFlow reports that on November 1, Genius Terminal announced an expansion of the GENIUS token's utility within its ecosystem, introducing a revenue-based token buyback and burn mechanism to provide enhanced benefits for token holders.Under the new mechanism, the Genius App will allocate a portion of its revenue to repurchase GENIUS tokens from the market and permanently burn them, aligning the token supply with platform revenue. Additionally, GENIUS holders will enjoy fee discounts on the Genius App and other ecosystem applications in the future.Meanwhile, users holding at least 1,000 GENIUS tokens will qualify for in-app certification and will be displayed as "Top Genius," potentially gaining access to future airdrop campaigns and other in-app rewards.