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The buyback and the platform coin

aio's policy is to spend 80% of its net SOL revenue buying and burning its own platform coin, and keep 20% to run the platform.

  • buyback: on here
  • platform coin: address not set yet

At a glance

buy and burn
80%
of net SOL revenue, to a separate buyback wallet
treasury
20%
stays with aio to run the platform
first buy
24 hours
after the platform coin launches, at the earliest
per run
0.5 SOL
the most one run spends, by default
per day
5 SOL
the most spent in a day, by default

How it works

  1. Step 1: Trade. Someone buys or sells a coin on its curve.
  2. Step 2: Fee. 0.25% of that trade is aio's platform fee. Launch fees and a few smaller sources are revenue too.
  3. Step 3: Treasury. The revenue lands in aio's treasury, and each amount is written to a revenue ledger.
  4. Step 4: Split. A daily job sends 80% of the net SOL revenue to a separate buyback wallet. 20% stays in the treasury.
  5. Step 5: Buy. The buyback wallet buys the platform coin on aio's own pools, split into up to 10 chunks of random size (3 to 10 when the budget allows).
  6. Step 6: Burn. By default each buy burns at least its minimum expected amount in the same transaction, with a memo naming the run. Anything received above that is burned with the next buy. The operator can use a vault instead; the buyback page says which.

When it starts

The buyback is off until the operator switches it on. Once on, and until the platform coin exists, the buyback wallet only saves up: each run records the split and buys nothing.

After the platform coin launches, the first buy happens no sooner than 24 hours later. What was saved up before is spent over 30 days, under the same daily cap.

The limits on each buy

  • At most 0.5 SOL per run and 5 SOL per day.
  • Never more than 2% of the pool's reserve in one run.
  • A run stops if its price impact passes 1%, or if the price drifts 3% while it runs.
  • Those three are defaults. The operator sets them, and the buyback page shows the ones in force.
  • The treasury always keeps at least 0.05 SOL after a split, because it pays the transaction fees of every claim and payout.

What counts as revenue

Only SOL revenue is split. Platform fees earned in other tokens stay in the treasury. Unclaimed creator fees that were swept to the treasury are left out by default, because they were owed to recipients. Charity donations, trader cashback and money held for holders are never counted.

The platform coin

The platform coin is aio's own coin, launched on aio like any other. Once the operator sets its address, it carries an [official aio coin] mark everywhere it shows. Any other coin whose name or ticker reads as aio is marked [not official].

Checking it on chain

Once the buyback is on, the buyback page publishes the totals, the buyback wallet's address and every split, buy and burn with its transaction. Each buy carries the memo aio buyback <runId>, so you can match the page against an explorer.

Good to know