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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.
The Clearpool team has set the following schedule for the initial 4 buybacks. This can be changed later via governance:
Buyback Date
% Burned
% Deposited to Rewards
Q3 2022
100
0
Q4 2022
100
0
Q1 2023
90
10
Q2 2023
80
20

New revenue model and tokenomics announced

Read more about that here. Going forward, 50% of revenue will be used for buybacks, and tracked below as usual.

Buyback statistics:

Total revenue used for buybacks
253,677 USD
Total CPOOL purchased via buybacks
5,307,258.07
Total CPOOL burned
5,614,710.92
Total CPOOL deposited to rewards
516,582.60

Transaction hashes for buybacks will appear below following the date of execution.

Date
Buyback Tx (Ethereum)
Burn Tx (Ethereum)
Rewards Tx
Q3 2022
TX#1 TX#2 TX#3
TX#1
-
Q4 2022
TX#1
-
Q1 2023
TX#1
TX#1
TX#1
Q2 2023
TX#1
TX#1
TX#1
Q3 2023
MM Executed
TX#1
TX#1
Last modified 12d ago