A recent Solana ecosystem project has been questioned by the community. According to token holders, the project team previously promised to initiate a buyback mechanism within 10 seconds and even prepared a buyback fund pool of 200,000 USDT. However, after the funds were in place, no buyback was executed, and now they are being accused of fraud.

This kind of situation is not uncommon on the blockchain—whitepapers are overly elaborate, with numerous promises of buybacks and burns, but when it’s time to deliver, they start to stall. 200,000 USDT may not be a huge amount, but for retail investors, it’s real money. The key issue is that if these promises are just empty talk, who will trust the project’s roadmap in the future?

It is recommended that everyone check on-chain data before investing and not just listen to empty words. Where is the promised buyback address? Who controls the multisig wallet? Projects that lack basic transparency are safer to stay away from.