💱Buybacks(paused)
10% of the protocol revenues will be used for periodical buybacks of the ADX token.
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10% of the protocol revenues will be used for periodical buybacks of the ADX token.
As it is currently, the program will accrue 10% of revenues in the DAO wallet USDC. Through the DAO, the community can then create proposals to swap these to ADX.
In the future we will create a proposal to setup a more automated system to have continuous buybacks.
Note that if the user have a referrer, the 10% will go to the referrer instead of the DAO. According to the DAO proposal: https://dao.adrena.xyz/dao/AdrenaDAO/proposal/7tevVd4RnwmBFPSL25TP18FiVFmcKGH8sZLhQ8GE8vLJ
Starting August 2025, the 10% of revenue (excluding referral) will be allocated to the Treasury to support team operations.
Funds will cover infrastructure costs, oracle expenses, and payroll.
The policy is scheduled for review in 12 months.
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