Buybacks
The revenue that is generated from both permissionless and permissioned liquidity pools is used to buyback CPOOL on the open market.
The CPOOL that is purchased through these buybacks is either deposited to the rewards pool, to be redistributed later as LP/staking rewards, or burned.
Buybacks will occur once per quarter on randomised dates.
New revenue model and tokenomics announced
Going forward, 50% of revenue will be used for buybacks, and tracked below as usual. Read more about that here.
Buyback statistics:
Total revenue used for buybacks | 359,713.95 USD |
Total CPOOL purchased via buybacks | 6,739,157.83 |
Total CPOOL burned | 5,918,642.80 |
Total CPOOL deposited to rewards | 820,514.48 |
Transaction hashes for buybacks will appear below following the date of execution.
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