🔥Buyback & Burn Program

Overview :

  1. The Buyback & Burn program is designed to use retained protocol revenue from the PIO protocol (e.g., trading fees) to purchase PIO on a forward-looking basis then subsequently burning the tokens.

  2. Buyback & Burn reduces the token supply and appreciates the token price benefiting holders.

List of fees used in buybacks & burn :

  1. 20% of Funding Fees

  2. 20% ofLiquidation Fees

  3. 20% of Collateral Swap Fees

  4. 20% of Collateral Lending Fees

  5. 20% of Hedge-Fund Management Fees

  6. 20% of Oracle Network Stacking Fees

Last updated