🪙 Tokenomics, ⛽️ Emissions, 💸Revenue These are topics we get asked about often, so we thought we’d save you some time with a short FAQ: Distribution: 100% of the total supply was fairly distributed between May and July 2024 where 1/3 was airdropped to early users, 1/3 was sold via DCA orders to bootstrap the DAO treasury and 1/3 was retained by Ekubo Inc to be staked and delegated to driven community members, enabling them to engage in debate and, most importantly, to vote on DAO proposals 🚫0 emissions 🚫0 vesting 🚫0 VCs Revenue: 🔄100% of the protocol’s revenue is used for our buyback mechanism. To date, around 200,000 Ekubo tokens have been bought back on the open market - that's 2% of the total supply! Revenue is generated from a small withdrawal fee when LP positions are closed. This results in traders being encouraged to swap due to having to pay less fees, LPs being encouraged by far higher APRs due to superior protocol efficiency and token holders having no responsibilites while still benefiting from a constant purchasing pressure from buybacks (rather than holding a useless governance token). While the model may appear simple, we believe it's the most effective answer to the DEX trilemma—delivering value to LPs, traders, and token holders alike without introducing inefficiencies or complex monetary policy. Incentives: Intended as a cherry on top, incentives were proposed and funded by the DAO to reward LPs with additional yield. Only 20,000 Ekubo tokens (out of the 200,000 bought back by the protocol) were allocated for distribution over a 3-month period. While these rewards offer a noticeable APR boost, we want to emphasize: ‼️ the base APRs alone are the best on mainnet‼️ If you have more questions, feel free to drop them below and we’ll answer them in Part 2 of our FAQ series.