Magic Eden to expand $ME buybacks in 2026 using revenue from Swaps, Lucky Buy, and Packs
Crypto Briefing
Magic Eden will expand its $ME token buyback program in 2026 using revenue from its Swaps, Lucky Buy, and Packs products.Summary
NFT marketplace Magic Eden plans to broaden its $ME token buyback program starting in 2026. This expansion will utilize revenue generated from three specific entertainment-focused products: Swaps, Lucky Buy, and Packs, directing these funds toward on-chain buybacks of $ME tokens and NFTs. Swaps allows users to exchange digital assets, Lucky Buy is a gamified NFT purchasing mechanism, and Packs offers a pack-ripping experience. The initiative is intended to reinforce the $ME token economy by linking community incentives directly to product revenues, supporting Magic Eden's strategy to build an engaging crypto ecosystem integrating trading, gaming, and entertainment.
(Source：Crypto Briefing)