Movement Foundation: Part of the MOVE strategic reserve tokens will be transferred from Ethereum mainnet to the native chain
Foresight News reported that the Movement Foundation stated in an article that it has been four months since fulfilling its buyback commitment. To enhance the transparency of tokens in the buyback wallet, the foundation plans to transfer a portion of tokens from the MOVE strategic reserve on Ethereum mainnet to the native Movement Network strategic reserve, in order to support ecosystem projects and incentive measures. Movement stated that it will continue to periodically send ERC-20 tokens to exchanges to supplement and rebalance token supply, thereby re-enabling the withdrawal function.
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