With the $A16Z TGE getting closer, there’s one thing I don’t see many people talking about, but I think it actually matters.
@AlignerZ_Labs decided to keep buybacks very simple: • 15% of the platform’s quarterly profits go to buying $A26Z on the market • Those tokens are burned • This continues until the token reaches $100
What I like about this is that it’s not based on promises or emissions. If nothing happens on the platform, nothing gets bought back, if activity grows, buybacks grow with it. Over time, that means fewer tokens around and constant demand coming from real usage.
It’s subtle, but those are usually the mechanics that matter most, especially after seeing how many TGEs don’t survive their first weeks.
Not saying this guarantees anything, but it’s the kind of thing I want to see more of. What about you?
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With the $A16Z TGE getting closer, there’s one thing I don’t see many people talking about, but I think it actually matters.
@AlignerZ_Labs decided to keep buybacks very simple:
• 15% of the platform’s quarterly profits go to buying $A26Z on the market
• Those tokens are burned
• This continues until the token reaches $100
What I like about this is that it’s not based on promises or emissions. If nothing happens on the platform, nothing gets bought back, if activity grows, buybacks grow with it.
Over time, that means fewer tokens around and constant demand coming from real usage.
It’s subtle, but those are usually the mechanics that matter most, especially after seeing how many TGEs don’t survive their first weeks.
Not saying this guarantees anything, but it’s the kind of thing I want to see more of. What about you?