# Buybacks
50% of protocol revenue generated from both permissionless and permissioned liquidity pools is used to buyback CPOOL on the open market. Buybacks will occur once per quarter on randomized dates.
#### Purchased CPOOL is:
* Added to the rewards pool for future distribution to liquidity providers and stakers, or
* Permanently removed from circulation through burning
### Buyback Statistics:
| Total revenue used for buybacks | 552,766.92 USD |
| ---------------------------------- | -------------- |
| Total CPOOL purchased via buybacks | 7,646,464.96 |
| Total CPOOL burned | 6,441,681.37 |
| Total CPOOL deposited to rewards | 1,343,553.05 |
#### Transaction hashes for buybacks will appear below following the date of execution.
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