DeFi· ★★· neutral·

PONS founder addresses buyback mechanism criticism

  • —Buyback and burn of PONS tokens is fully automated and can be triggered by any user
  • —Funds are claimed every 7 days, followed by 7 days of buybacks at 2e per hour
  • —Buyback rate is matched to roughly $950,000 held in the Splitter contract
  • —Funds will be split between an Active Buyback Vault and reserves for the next cycle
Why it matters: Buyback transparency affects holder confidence in PONS and the token's price stability.
Source: PANews