Buybacks
How tokens get out of circulation
Token buybacks are a monthly on-chain process that converts network activity into direct market demand for $WAYRU. This mechanism ensures that every unit of premium network usage contributes to both immediate scarcity and long-term sustainability.
How Buybacks Work
- Revenue Allocation: For every premium gigabyte (GB) sold — whether to telcos for data offloading or to premium users — the protocol allocates $0.01 USD toward $WAYRU buybacks. 
- Execution: Buybacks are conducted once per month in a single batch transaction. All transactions are publicly verifiable with on-chain proofs. 
- Reserves: Tokens purchased are held in Foundation reserve wallets, reducing circulating supply while strengthening the network’s long-term liquidity position. 
Impact
- Short-Term: Creates immediate deflationary pressure by buying tokens directly from the open market. 
- Long-Term: Builds scarcity and reserve strength, providing liquidity flexibility and ensuring stability as the network grows. 
Example
Scenario:
- Telcos purchase 8,000 GB. 
- Premium users purchase 2,000 GB. 
Calculation: 10,000 GB × $0.01 = $100 USD
Result: $100 is used to buy $WAYRU from the open market and moved into reserve wallets, permanently reducing circulating supply.
Last updated
Was this helpful?
