@mistyhopps: InterLink Labs has officially launched its first Reverse Auction Buyback, following approval from the InterLink Foundation. This initiative is part of the upcoming First 10 Million Linkers Celebration Program, designed to recognize and support the community that helped build the ecosystem from its earliest stages. But what exactly is a Reverse Auction Buyback? 👇 Instead of participants simply selling at a fixed market price, ITL holders submit their own offers — including the amount of ITL they want to sell and their asking price per ITL. 🔹 How Phase 1 Works 1️⃣ Submit Your Offer Enter the amount of ITL you want to sell and specify your asking price per ITL. 2️⃣ Deposit 0.1 ITL Send exactly 0.1 ITL to the official InterLink Labs Treasury wallet. This deposit is used to verify the submission and help prevent spam. If your offer is not selected, the 0.1 ITL deposit will be fully refunded. 3️⃣ Submit Your Information Provide your deposit transaction hash (TxHash) together with your BEP20 USDT wallet address. 4️⃣ Reverse Auction Selection Once the submission period ends, eligible offers will be reviewed. The most competitive offers will be prioritized according to the available treasury budget. Selected participants will receive their USDT directly to the submitted BEP20 wallet. 🔥 What Happens to the Repurchased ITL? The ITL acquired through this first buyback is intended to support community rewards and special activities for the First 10 Million Linkers Celebration Program. Any remaining repurchased ITL will be permanently burned, reducing the circulating supply. ⏰ Phase 1 Deadline August 24, 2026 — 23:59:00 UTC If you're an ITL holder considering participation, don't rush. Read the official announcement carefully, verify every wallet address and transaction detail, and make sure you understand the submission requirements before sending any funds. The first 10 million Linkers aren't just a number — they're a community milestone. 💜 10M Linkers. One journey. One growing ecosystem. #InterLink #ITLG #ITL #WeAreTheFirst10MLinkers

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Sunday 16 August 2026 16:11:59 GMT