The developers of Myro (Myro), one of the Solana Ecosystem’s Memecoin projects, made an important announcement to the community.
The team announced that Myro Token will be rebooted with a new contract and a monthly repurchase system will be implemented. This gives the project long-term sustainability.
According to the developer, the monthly buyback system is funded by fees from the LP pool and other revenue streams. This mechanism aims to cover buybacks in the 6-7 figure range and to enhance community support.
According to the statement, details about the reboot are as follows:
- The liquidity burns 100% and the development team does not provide access to the LP.
- LP fees are transferred to the Ministry of Finance, known as “Treat Jar,” which is used for marketing, stock market listings, product development and long-term growth.
- Myro’s fluidity pair can be switched from USDC to SOL. This change will allow Milo to establish stronger integration with the Solana ecosystem and grow to match the overall momentum of the chain.
The reboot date is set to October 8th, 2025.
*This is not investment advice.
