WEMIX PAY Buyback Program Launch

WEMIX Network will use 4-5% of WEMIX PAY revenue to buy back WEMIX tokens via TWAP (Time-Weighted Average Price) starting June 16, 2025. The program, running 3 weeks to a year, aims to stabilize token value and boost ecosystem growth by reducing circulating supply. This follows WEMADE’s $7.5M buyback in March 2025, which targeted 10M tokens to enhance liquidity [WemixNetwork, X Post, May 16, 2025].

Recent News

WEMIX has been busy! On May 28, 2025, they rolled out a hotfix for the WEMIX PLAY App (Android), fixing user-reported bugs and improving platform stability [Medium, WEMIX PLAY, May 28, 2025]. Their March buyback led to a 67.32% price surge, with WEMIX hitting $0.3697 and a 24-hour trading volume of $24.5M [CoinMarketCap, June 2025]. This shows strong market confidence in their strategy.

Future Plans

WEMIX3.0’s roadmap focuses on democratized governance. They’re introducing a delegated staking module, empowering the community to influence validator nodes (40 WONDERS). Long-term, they’ll shift to an open node system where anyone can validate based on staking volume—true decentralization in action [docs.wemix.com, Roadmap].

Onchain Data

While specific staking metrics for WEMIX PAY aren’t public, the mainnet’s SPoA consensus ensures high TPS with 40 validator nodes. Each node stakes 1.5M WEMIX, and rewards are split: 40% to nodes, 10% to stakers, 25% to eco funds, and 25% to maintenance [docs.wemix.com]. This structure incentivizes participation, likely boosting activity during the buyback.

Community Sentiment

X reactions are mixed. Some users hail the buyback as bullish, with comments like “Buy in the deep” [ariefrb14, X, May 16, 2025]. Others are skeptical, calling it a “rugpull” or “scam” due to past fraud alerts (e.g., 2022 fake airdrop) [ox_eyo, X, May 16, 2025]. Sentiment reflects cautious optimism—do your research!

Risk Disclaimer

Buybacks can increase volatility. Watch for price swings and verify announcements to avoid scams.