Obol World, a coin issuance platform, allocates 80% of its revenue to buying back and burning OBOL tok
Original headline코인 발행 플랫폼 오볼 월드, 매출 80% OBOL 매입·소각
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Obol World, a coin issuance and trading platform, announced on November 1 the release of a public API for external apps and bots, alongside a commitment to allocate 80% of protocol revenue to buying back and burning its OBOL token. The API allows external applications, automated trading bots, and agents to access Obol World's issuance, trading, and search functions, with developers receiving free API keys to connect to the platform. Trades are approved via users' own wallet signatures, meaning the platform never holds users' private keys, with the API serving purely as a bridge between services and the platform. The buyback-and-burn mechanism ties token value directly to protocol revenue, a model aimed at supporting OBOL holders as platform usage grows. Watch for adoption of the API by third-party apps and bots, as trading volume driven through external integrations would directly increase the revenue feeding the burn program.
Muhabbit's AI wrote this summary in its own words from TokenPost's report and translated it from Korean. It can get details wrong, so check the source.
Named in this story
OBOL, Obol World