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When the buyback is understood?
According to tradfi’s knowledge, buybacks have usually been inspired for three reasons: when growth opportunities are rare and revenue cannot be increased further, when a stock trades as a tax-skilled way to return to dividends under its internal value, or investors.
From this point of view, dozens of crypto companies spend the budget of multimilian-dollar on token buyback find something wrong.
Development opportunities to launch an adjacent product in Crypto are huge (open-source code is free), as well as most tokens are not longer to install any kind of proper market value.
But the specificly different objectives of buyback marketing in Crypto serve. In particular, the bucket signal validity in the token market called Crypto Crypto Lemon market problem,
So if you are buying, you may want to keep the pedal in the metal and go into all.
This is the plan of “heaven”, the latest Memcoin Launchpad to open its Moti Gates on Solana.
Supported by the colosium accelerator/hackathon of the Solana Foundation, heaven is 100% committed to its original token, light of light, 100% of its protocol revenue. And buybacks are not for a period; But forever,
This is crazy! It is a team that raised $ 27 million in ICO only two weeks ago.
About this $ 1.4 million By Lifetime Revenue (by “Lifetime”, I mean that one week) has been spent on buyback-end-burn for 2% of its total token supply-what has mentioned its “God flywheel”. The result is a six -day token that has traded up to 225% in the $ 64 million market cap to date.
You can see the traction of heaven based on the black corner blot on the chart below. About 15% of 3,865 tokens, or launchpad market share was seen in heaven yesterday.
The pump still has a lead, but the revenue buyback gimmick of heaven has paid enough attention to keep it ahead of launchbad, moonshot and chanting studios, which are all around for some time.
The Memcoin Launchpad of heaven is integrated tightly with its own AMM dex, which launches tokens from the other with its own launchpad.
This vertical integrated design avoids the standard bonding curve design of memecoin launchpads in search of two major objectives.
One, it allows heaven to customize strict parameters around the fee collection.
The heaven-launched tokens are gate manually by the team and classified under one of the three categories. Token Marked The “manufacturer” (ie, serious) can claim 1% fees for themselves under the label, under the “community” (ie, non-serious) labeled they are entitled to only 0.1%, while “blocked” tokens are not entitled to anyone.
In the founder Word: “… When you trade a token and see heaven as a dex, you know that this heaven has gone through the Guntalet.”
All Protocol fee Go back directly from token trading on the dex and go to light the light.
Second, the design allows the team to protect the token launch with the anti-MEV mechanism. Heaven implements a linearly infiltration six-second “sniper tax” for new tokens.
These characteristics seem to make something of a theoretical gap around the heaven product, one that is a decrease in the average launchpad.
Nevertheless, the closed surface design of the paradise can create liquidity silos from dex aggregators if the pool router of heaven is not well integrated or economically competitive. It is yet to be seen how much it wins the routing.
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