On March 18, MyShell released more details about the SHELL token repurchase program. A total of 8 million USDTs generated from SHELL transactions (buy and sell) have been frozen in the market maker's Binance account; all of these assets will be used in the SHELL repurchase program, which will be implemented within 90 days. The repurchase operation will provide stable support for the value of the token and inject confidence into investors; to ensure full transparency, all repurchase SHELL tokens will be transferred to the online wallet starting with 0x8d67 after each repurchase transaction. Earlier on March 10, MyShell stated that it had terminated cooperation with illegal market makers and introduced new partners, and planned to conduct SHELL repurchase.