Alpaca Finance
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Proof of Burn
Since launch, Alpaca Finance has adopted buyback & burn as a deflationary mechanism to increase ALPACA tokens long-term value. The portion of platform's revenue used for buyback & burn are:
1. Liquidation Fees - 4% (out of 5%) of all liquidation fees are used for buyback & burn of ALPACA tokens for the case of 3rd parties liquidation bots. In the case where liquidation is initiated by Alpaca's internal bot, all 5% of liquidation bounty goes to buyback & burn.
2. Reserve Pool Take Rate - 10% (out of 19%) of the borrowing interest fees is used for buyback and burn of ALPACA tokens.
3. Alpies NFT Sales - 20% of the sales proceed will be used for buyback and burn.
Below is a record of every burn transaction we have initiated since launch:

Total ALPACA burned: 7,346,080 (~3.91% of max supply)

Weekly Buyback & Burn Records

Burn #
Date
ALPACA Amount
USD Amount (at Burn Date)
1
28 March 2021
20,888
12,400
2
4 April 2021
60,888
40,800
3
11 April 2021
103,888
72,200
4
18 April 2021
140,888
72,600
5
25 April 2021
72,888
54,000
6
2 May 2021
28,888
76,200
7
9 May 2021
44,888
124,800
8
16 May 2021
69,888
118,000
9
23 May 2021
100,888
70,000
10
30 May 2021
61,888
56,000
11
6 June 2021
93,888
81,000
12
13 June 2021
98,888
78,000
13
20 June 2021
117,888
87,000
14
27 June 2021
198,888
74,000
15
4 July 2021
91,888
62,000
16
11 July 2021
105,888
62,500
17
18 July 2021
105,888
50,500
18
25 July 2021
136,888
70,200
19
1 August 2021
196,888
171,200
20
8 August 2021
492,888
502,800
21
15 August 2021
229,888
255,000
22
22 August 2021
147,888
202,600
23
29 August 2021
240,888
318,000
24
5 September 2021
161,888
187,800
25
12 September 2021
384,888
415,700
26
19 September 2021
122,888
132,800
27
26 September 2021
201,888
176,400
28
3 October 2021
229,888
206,600
29
10 October 2021
211,888
185,000
30
17 October 2021
168,888
166,800
31
24 October 2021
175,888
160,800
32
31 October 2021
206,888
184,000
33
7 November 2021
501,888
444,250
34
14 November 2021
695,888
625,300
35
21 November 2021
984,888
806,000
36
28 November 2021
??
??
37
5 December 2021
??
??

Burn Tx ID:

🃏 Buyback Tx Records from Alpies Sale 🃏

BSC Sale

A total of 1,382 BNB (20% of 6,910 BNB) will be used for buyback & burn of ALPACA tokens over four weeks starting 7th November 2021.
Buyback #
Date
BNB Amount
ALPACA
1
6 November 2021
34.55
24,368.78
2
6 November 2021
34.55
24,299.47
3
6 November 2021
34.55
24,436.04
4
6 November 2021
69.10
48,708.51
5
7 November 2021
69.10
50,937.59
6
7 November 2021
69.10
50,848.57
7
7 November 2021
34.55
26,242.48
8
12 November 2021
34.55
26,748.35
9
13 November 2021
69.10
54,176.67
10
13 November 2021
69.10
54,802.06
11
13 November 2021
69.10
54,595.11
12
14 November 2021
34.55
27,741.69
13
14 November 2021
69.10
54,901.39
14
18 November 2021
69.10
50,885.16
15
18 November 2021
34.55
25,381.97
16
18 November 2021
34.55
25,493.67
17
19 November 2021
69.10
51,617.21
18
19 November 2021
69.10
51,319.44
19
19 November 2021
69.10
50,978.45
20
??
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21
??
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ETH Sale

A total of 99.69 ETH (20% of 498.46 ETH) will be used for buyback & burn of ALPACA tokens over four weeks starting 14th November 2021.
Buyback #
Date
ETH Amount
ALPACA
1
13 November 2021
4.9846
28,899.95
2
14 November 2021
4.9846
28,569.78
3
14 November 2021
4.9846
26,383.78
4
14 November 2021
4.9846
26,840.63
5
18 November 2021
4.9846
27,000.77
6
18 November 2021
4.9846
27,064.95
7
19 November 2021
4.9846
27,383.76
8
19 November 2021
9.9692
55,077.80
9
??
​
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💵 Buyback Tx Records: 💵

BNB

BUSD

ETH (Pool launched after burn #2)

USDT (Pool launched after burn #9)

BTCB (Pool launched after burn #10)

TUSD (Pool launched after burn #17)

Other ad-hoc Burn

PCS LP token burn: the initial LP tokens that we used to seed the PCS ALPACA-BNB pool
250,000 ALPACA tokens
Extra rewards burned 84,000 ALPACA burned (the extra ALPACA tokens that would've been earned by the dev fund during the 2nd week of the Bonus Rewards)

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Last modified 6d ago