Hey @MEADGod,
The 15-minute buyback and burn is already running, which is great. Just a thought: what if the protocol executed a larger $2M buyback and burn?
With PONS currently around $0.55, a buy of that size could potentially push the price much higher. If the move reaches or gets close to $1.05, it could put significant pressure on Loracle's short position. Any additional buying momentum from the market might then be enough to trigger a liquidation.
If that happens, Loracle could be forced to buy back a substantial amount of PONS on the open market to close the position, potentially creating further upward pressure on price. A strong squeeze combined with ongoing buybacks could also attract new investors and increase interest from the Chinese community.
Of course, this is just a hypothetical scenario and not a predictionโjust sharing an idea. ๐
@MEADGod Hey @MEADGod, what's the long-term plan for the treasury holdings in other projects? Are there any plans to provide rewards to PONS holders from those holdings, or will they mainly be used for buybacks and burns?