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.
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