What is the AQTIS Buyback Process?

As part of creating a thriving and self-sustaining AQTIS ecosystem, we have created several core functions that help it function efficiently. One of those is the AQTIS buyback process.

What are Buybacks?

While buybacks are a commonly used term in the world of TradFi, AQTIS has its own interpretation.

The way AQTIS harnesses this practice is part of a more holistic approach to the ecosystem we’re creating. The protocol needs tokens to query the database and thus purchases tokens from the open market to keep replenishing the AQTIS query and rewards pools.

Next to the AQTIS demand at the protocol level, we also buy back tokens from the open market according to performance. In essence, buybacks at AQTIS are a result of protocol demand.

Our mission is to create a self-sustaining ecosystem that creates value continuously.

How many tokens is AQTIS expecting to buy back?

AQTIS is creating a flexible ecosystem which means there will be periods where buybacks rise and fall depending on protocol performance.

The model we are currently working towards is: We aim to allocate a variable % of the protocol performance minus our commitments for backing yield, liquidity pool management and price range maintenance.

Wave goodbye to empty value tokens. At AQTIS we have deterministic token value, which we aim to build on over time.

What happens to the tokens that are bought?

The tokens are re-invested into AQTIS. This is part of our mission to create a self-sustaining ecosystem that can operate autonomously and continuously.

Once the tokens have been bought back, a portion will go back to the treasury, and a portion will be distributed to LST holders as part of the APY.

Conclusion

The AQTIS Token buyback feature is one of many solutions we employ to help create a vibrant ecosystem that rewards token holders from day one.

We used a performance-based system to calculate how much can be bought back at any one time, in order to create a self-sustaining ecosystem that creates value continuously.