We have an exciting announcement for the Solace community.
Starting next month, Solace will allocate 2% of all net revenue generated from software subscriptions and hardware sales toward $SOLACE buybacks and permanent token burns.
In addition, we may conduct discretionary buybacks beyond this commitment whenever we believe it is beneficial to the long-term growth of the ecosystem.
As a milestone, once Solace reaches $100,000 in monthly revenue, the allocation will increase from 2% to 3%.