On March 18, MyShell released more details about the SHELL token repurchase plan, with a total of 8 million USDTs generated from SHELL transactions (buy and sell) being frozen in the market makers' Binance account; these assets will all be used in the SHELL repurchase plan, which will be executed within 90 days. The repurchase operation will provide stable support for the value of the token and inject confidence into investors; to ensure complete transparency, all repurchased SHELL tokens will be transferred to the 0x8d67-started on-chain wallet after each repurchase transaction. Previously, on March 10, MyShell said it had terminated its cooperation with illegal market makers and introduced new partners, and planned to conduct SHELL repurchase.