yyy|Oct 03, 2026 03:49
pons founder Oz responded to the buyback mechanism of robinhood: 0x39dbed3a2bd333467115de45665cc57f813c4571:
The new buyback mechanism is designed as follows:
A 'claim' operation is executed every 7 days, followed by using all the claimed funds for buyback and burn within the next 7 days, and the cycle repeats.
The new mechanism will increase the buyback burn rate of PONS to some extent.
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