Resolv Foundation has officially launched its buyback program, but the market hasn't fully realized what this means yet.
Let's break it down:
Why is this real yield?
1. Revenue source
• 75% of core protocol fees are being taken out of circulation.
• That means it’s not subsidies, it’s profit generated from actual usage of the protocol.
2. Evidence of real demand from users
• $380k revenue in ~1 month since launch → users are clearly paying to use it.
• Annualized, $7.3m → sustainable if usage continues.
Since this has gone live, TVL has gone up; I expect this to continue from here.
I’m working with @PinkBrains_io to tell you:
This means more revenue.
This means the flywheel has just started:
Resolv Foundation has launched a buyback program, with the first allocation set at 75% of core protocol fees.
Each week, a portion of fees will be allocated to open-market purchases of $RESOLV, with tokens moved to Foundation reserves and taken out of circulation.
8.24K
23
The content on this page is provided by third parties. Unless otherwise stated, OKX is not the author of the cited article(s) and does not claim any copyright in the materials. The content is provided for informational purposes only and does not represent the views of OKX. It is not intended to be an endorsement of any kind and should not be considered investment advice or a solicitation to buy or sell digital assets. To the extent generative AI is utilized to provide summaries or other information, such AI generated content may be inaccurate or inconsistent. Please read the linked article for more details and information. OKX is not responsible for content hosted on third party sites. Digital asset holdings, including stablecoins and NFTs, involve a high degree of risk and can fluctuate greatly. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition.