Odaily Planet Daily News Stablecoin RAI team member reza.eth announced in the Reflexer Discord that the Reflexer Foundation has repurchased 150,000 FLX (approximately $2.08 million) from Paradigm, 50% of which have been destroyed and the other 50% have been redistributed To the DAO treasury.
According to data from CoinGecko, the RAI-based stablecoin protocol Reflexer token FLX is currently trading at $14.05, an increase of 17.2% in 24H.
According to previous news, Reflexer Finance issued an article in May this year criticizing Paradigm, "The FTX previously invested by Paradigm has brought heavy damage to the encryption ecosystem", and reprimanded it for no longer focusing on Crypto and switching to the AI field, hoping that Paradigm will destroy all Reflexer governance tokens held CoinFLX, no longer want to work for Paradigm.