LooksRare: Will launch the Moonshot program and will regularly buy back LOOKS

ChainCatcher news, the NFT market LooksRare announced that it will launch the Moonshot program within 4 to 6 weeks, which will generate fees for the LooksRare protocol and will regularly use a significant portion of those fees to buy back LOOKS tokens from the market.

Currently, LooksRare has repurchased over 550,000 LOOKS (over $45,000) from the first 5 Raffles, and the repurchased tokens will be stored in the LooksRare treasury. (source link)