ThreadHe left but probably because it was only 10% and the price is still going down

4 messages · 14:58–17:32

He left but probably because it was only 10% and the price is still going down

R
Rodge | Maple 🥞
Just to clarify, it’s not fixed at 10%. Under MIP-021, the buyback percentage scales with monthly revenue: • 10% of monthly revenue under $1.5M • 20% from $1.5M–$2M • 30% above $2M So the buyback grows as protocol revenue increases.
15:10
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  fb 555
  And to further clarify I am referring to last months which was 10%
  17:32
S
Sh22
That’s not true. He didn’t leave because of the buyback or the price. He left because he wanted the buyback wallet address to be shown on the Transparency page. I’m not sure how publishing a wallet address would affect the token price either. The important point is that the buyback is taking place.
15:16