The next evolution of SolCypher’s community incentives is here.
Up till now, SolCypher’s bot offered buybacks to support selected partner tokens (like $WORTHLESS), funded by a slice of trading fees. Now, for the first time, buybacks are enabled for our native token: $CYPHER.
That means every trade doesn’t just generate volume — it builds direct demand for the token powering the platform.
What Are Buybacks, Really?
A buyback uses protocol revenue (fees collected in SOL/USDC) to purchase $CYPHER on the open market. Those purchased tokens can then be:
- 🔥 Burned — permanently reducing supply.
- 🏦 Sent to the Treasury — strengthening liquidity and runway.
- 💎 Distributed to Stakers — rewarding long-term holders.
Buybacks convert real usage into real demand — not speculation.
How SolCypher Buybacks Work
- 25% fees are accrued → Every eligible trade feeds the Buyback Vault.
- Allocation Switch → A percentage (e.g. 20%) is routed for buybacks.
- Execution → Buys happen on a schedule or when vaults hit thresholds, using TWAP to prevent front-running.
- Distribution → Tokens are burned, staked, or stored in treasury per current policy.
- Transparency → On-chain transactions and dashboards show everything.
“Dev, Token Go Up” — The Mechanics
Buybacks don’t magically pump. They create sustained net bids linked directly to trading activity.
Example:
- Monthly fees: 50,000 USDC
- 25% allocated → 12,500 USDC
- At $0.10 price → 100,000 $CYPHER bought
- Distribution policy: 50% stakers, 40% treasury, 10% burn
- 50,000 distributed to stakers
- 40,000 reserved in treasury
- 10,000 burned
- 50,000 distributed to stakers
As trading grows, so does buyback pressure. These are not actual figures and just an illustration.
Why This Matters
- 🧑💻 Traders → Every trade contributes to $CYPHER demand. The more traders see their fees go back to building the product, the more trust we can earn.
- 💎 Holders/Stakers → Earn yield from protocol activity.
- 🏗 Builders → Our treasury captures tokens for future development.
This aligns everyone — usage, community, and growth — in one flywheel.
Guardrails, Not Hype
- TWAP (Time Weighted Average Price) + randomized execution windows
- Caps & emergency pause switches
- Full public accounting (addresses + TX logs)
- Zero off-chain discretion
Get Involved Now
💹 Trade with SolCypher → Your activity fuels buybacks.
💎 Stake $CYPHER → Capture rewards from distribution.
📊 Track the Dashboard → Verify buys, watch burns, follow epochs.
In Internet Capital Markets, capital and customer retention is key. Buybacks ensure SolCypher turns activity into lasting value — for the product, the token, and the community.
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