Lagrange Foundation Considers LA Token Buyback for Price Stability

14 July, 2025, 02:30 AM

The Lagrange Foundation has announced it is exploring a buyback program for its LA token, aiming to stabilize its price in the market. This decision, communicated via an X post, highlights the Foundation's proactive approach to managing its ecosystem. The LA tokens acquired through the buyback initiative will be securely held in a reputable custody institution or prime brokerage account. This ensures transparency and accountability in the management of the purchased tokens. The Lagrange Foundation emphasizes that this buyback program is designed to benefit both the foundation itself and the wider Lagrange ecosystem. By potentially reducing the circulating supply and increasing demand, the buyback could contribute to a healthier and more sustainable token economy. Further details regarding the implementation and scope of the buyback are expected to be released by the Foundation in due course. ```