Some key information about $spark : 10% of funds exceeding the target are used for standard buybacks, and 100% buyback for the portion exceeding 200%. However, the buybacks are not burned, so the actual effect on reducing circulation is limited. Spark SubDAO’s own funds just reached 38m, with an income of 16.18m in the past 5 months, annualized to about 39m. At this income level, the buyback intensity is very mild and not particularly attractive.

SPK0.98%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)