Kinetiq Shifts Ascend Buyback Allocation to 50% HYPE/50% KNTQ
Kinetiq announced a change to its Ascend buyback allocation, moving from 90% HYPE and 10% KNTQ to an even 50/50 split between the two tokens. Of the KNTQ purchased through the program, 60% will be burned, 20% will deepen kHYPE/KNTQ liquidity, and the remaining 20% will fund the Ascend points program.