Tectum, a Layer-1 blockchain, has announced a TET token buyback program to strengthen its treasury and drive sustainable growth. The initiative aims to enhance the token’s utility, boost ecosystem stability, and create value for TET holders.
Alexander Guseff, Tectum’s Founder and CEO, emphasized the program’s importance, stating, “This buyback initiative is a testament to our strong belief in the TET token’s potential and the future of our ecosystem.” He reiterated TET’s critical role in Tectum’s mission to enable zero-cost, instant, and borderless global payments.
This TET token buyback aligns with Tectum’s long-term vision by supporting treasury growth, accelerating blockchain innovation, and maintaining TET as the ecosystem’s backbone. The token powers SoftNote™, Tectum’s Layer-2 solution for wallet-less and transaction-less payments, designed to make cryptocurrency practical for everyday use.
According to the team, transparency remains a priority, with Tectum pledging regular updates to its community throughout the program. By fostering collaboration and trust, Tectum aims to solidify its position as a leader in blockchain innovation.
