🔥Yakım Kanıtı

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. Lending Performance Fees - 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.

4. Alpies NFT Royalty - 2.5% (out of 5%) of secondary Alpies' sales go towards buyback and burn.

5. AUSD Stability Fees - 50% of the stability fee go towards buyback and burn.

6. AUSD Auto-Farming Performance Fee - 5% (out of 9%) goes towards buyback and burn.

7. Automated Vault Management Fees - 50% of the management fee go towards buyback and burn.

8. Automated Vault Withdrawal Fees - 50% of the withdrawal fee go towards buyback and burn.

9. Governance Vault Early Withdrawal Fees - 50% of the withdrawal go towards burn.

Below is a record of every burn transaction we have initiated since launch:

Total ALPACA burned: 22,335,608

(~11.88% of max supply)

How does buybak&burn work?

• How does token burning work? Since ALPACA has a capped supply, doesn't perpetual burning mean the ALPACA supply will eventually run out? And why burn tokens instead of distributing them to ALPACA holders?

• At what rate do you buyback&burn ALPACA? Why are there funds in the liquidation treasury that have not yet been used for buyback&burn? Why not do buyback as soon as the funds come in?

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	1,178,888	832,600
37	5 December 2021	1,008,888	633,650
38	12 December 2021	1,000,888	557,200
39	19 December 2021	813,888	430,300
40	26 December 2021	793,888	454,400
41	2 January 2022	510,888	319,300
42	9 January 2022	209,888	104,300
43	16 January 2022	168,888	83,000
44	23 January 2022	583,888	183,000
45	30 January 2022	612,888	222,100
46	6 February 2022	477,888	179,600
47	13 February 2022	537,888	206,500
48	20 February 2022	667,888	242,400
49	27 February 2022	712,888	252,500
50	6 March 2022	660,888	253,000
51	13 March 2022	568,888	231,700
52	20 March 2022	501,888	218,300
53	27 March 2022	149,888	72,400
54	3 April 2022	134,888	69,900
55	10 April 2022	110,888	64,000
56	17 April 2022	118,888	71,600
57	24 April 2022	116,888	69,900
58	1 May 2022	341,888	138,200
59	8 May 2022	423,888	182,600
60	15 May 2022	334,888	105,500
61	22 May 2022	332,888	107,300
62	29 May 2022	334,888	106,550
63	5 June 2022	336,888	103,900
64	12 June 2022	353,888	103,600
65	19 June 2022	345,888	65,800
66	26 June 2022	544,888	123,800
67	3 July 2022	??	??
68	10 July 2022	??	??

Burn Tx ID:

• Burn #1: 0xecd953009e9161e3b783582107a98fcc969d1a56b0fc14c74210265de59f3bc8

• Burn #2: 0xe66b129c7c6114fffdc9938debd129445f7accc6dbad10da1328f2573e824c24

• Burn #3: 0x971f9c34e0cba90cc556000fe1f4742232e0cf2cac172c4622d56b61affa0767

• Burn #4: 0xfded26e82982739cb72c3b6bfb901c549ee062b95ee6cce88dd0ea32d9e076a8

• Burn #5: 0x9910a0c24ab1def99ac0f716a68b0f4174c3836c8219a936052e089a4e66be3b

• Burn #6: 0x781d516924ec2ba3df04deac19d0f440c23a53374141c6a732de096dcff6eaff

• Burn #7: 0xfefd237ff9942e88e3e25a9c735e8767af6262aef75b62a7588e364b0c0bfce8

• Burn #8: 0xb05cfc8acc2bf5c2c9ae3aa193f5f16a36383321b901a5f745170fa1ceefd736

• Burn #9: 0xb90adea6843da4e2bdc30c91315b3cf90583eef027cf1ede931c74ec112c1758

• Burn #10: 0x4023bc17c54b68740aab8a601df825fdd537f1f3a019ff4c3ed0fed8c46e4df5

• Burn #11: 0x57253824a3e56e97063c601cb3a31600fdd3fe00d3e8c1d4406df2407ff02f98

• Burn #12: 0x64144d3508bb06e79d057b4ecd4a9ff0cb73d773bfc0170728cd725596700d73

• Burn #13: 0x49140b8b7ece7cceddd21d91e89274717ac0effd592c372cc023b03291937d9f

• Burn #14: 0xca0bd3843db7d9958617b66df88be7018c88bd9e1caf9d9335a3052d02137f06

• Burn #15: 0x6ffb189d16e6cffc6053186062d958c381805eca5b717d969ff3f5a82be7c1e7

• Burn #16: 0x680e72b13e009335095f07a024f984974f4ebc044ed3393f2610717ba74ebeb4

• Burn #17: 0x34ff1017761140b29159110c693028af71ef19ed06dabc0c6369bc43c395bb72

• Burn #18: 0x40bfc0522be2f6552b5114974f5f6821678d817b3dd127bf79a4c45768aaeab8

• Burn #19: 0x05a696b5fbddeaee99f4a226f96c1ee7579ce6105d0c66c28e97160b0fe74677

• Burn #20: 0xa3353aefb0450124d9cd805279b1728c2005775bad8a2d7898853c24cb804938

• Burn #21: 0x5cd6c4583d85dcfbcbd3b69287773aa811f97116e539130bd0e9cd0be7a8c3c5

• Burn #22: 0x23c185a7045289681ec5c5eb1b9787280ab577dfa8e78e56a4207f4d0bf5342b

• Burn #23: 0xca0e3fd606326a74a88ee94044b584b19bb3bcfb54c3bb7168e79f7428e62812

• Burn #24: 0x4b028ec5910593cabd978e69047de8e6fec56bf1c385d5e82a506d472cdf07cb

• Burn #25: 0x76b60b88fda485f6986394b2a169c7ed42af48e456acdf7fc72e9d6b9cf1f9b6

• Burn #26: 0xe50811000098ab31872f4e77d414eb4255aacc8f4bcb340b85794b0d8b63abd9

• Burn #27: 0x53a20b3f377e35ed8cbdec2018af5b9d7b7acfe7f89d2353afeb1c0bebedfceb

• Burn #28: 0x5bbcbb04d0774c73002add56ebfcf1c7faef678b35f53252b6230f305a39839a

• Burn #29: 0x7d43b72dae7eeb1f5b89539b1af638f84eb84eae5eaa91505fb27b4bf2a7173c

• Burn #30: 0xdf70cb26637fcc22e2d39962612e9609115676ebdbcfd36e87538bf8d8cfdcf4

• Burn #31: 0x19e598205256bc593c0e858459bca5f8c3c38dc070698059e44b84bc3a58fbee

• Burn #32: 0x2dc214692625160a6f705123ec002f7f602f854e6a1d2853218c064724f04d80

• Burn #33: 0xae37179efabd6cdf9e8d28d7baa89efc0a7de1f627e556b0698a5e44cae34b69

• Burn #34: 0x02e2312d41d82bb94f47c210a6cca369d6797c322a2cf72890a0434e843e3fc9

• Burn #35: 0xd1dbe67c20b7bbbfa447323322ed4f557bb2d82f7f61447e11397e777e933391

• Burn #36: 0x4ce7d57a19ed775d0cdbb42636ec076acad453e2d69af2a279bb40dbdd8783ec

• Burn #37: 0xfd46c3e00a34d91eb0a2b568650f4e02e1158f163f4896d161b9d9a313efbf2d

• Burn #38: 0xa7cbedc1d513972fdde26ef9163da74ddc7d07b5ccdb3e57986c517c5e1fb05c

• Burn #39: 0x8243c9ded604e42c0ea13dc9127a2305c4f4bbadeed5d4e2d147019748561946

• Burn #40: 0x780cb275e02a3517fde9c7f613bd439fb0b8b8feadd96d9b59d58ab72d7c7f82

• Burn #41: 0x40b003454d5a45b36b4e390407c089493a26d05068788011ae964b6f9a4a8302

• Burn #42: 0xab417c565a21354440c43e941c121d93e6c79d9cf919cc9e8e35037b33a57012

• Burn #43: 0x565c649f37f561f67f518ec05eebc8c76e5a8c9c526e61c11aac92a9f94a19c7

• Burn #44: 0xff3088538a74a2da36b8f334fd7d7a25c4e22df4ddcca106ca71bd33f5d512be

• Burn #45: 0x64bac54f7d18469b61096b7d342731a7181883307843446a7b20773fb45e16e6

• Burn #46: 0x20e45267f9d5da4b922b8812ebe93a25fb96a697656fdf6a0a575ae639c2b939

• Burn #47: 0xf9b0066fe01604753ef4b5c5458173b49ca9b40335021cc87f4c16b18b37dcc2

• Burn #48: 0xb3ee3215aed9fe6117fbee0627af81a0c521b5809732fb096cdcd5d1665b2453

• Burn #49: 0x0d1e157aa1293cdd26fb2591f2c96613d71d068deeb991a57de20a2cc8dbca85

• Burn #50: 0xc09e45724272b5547a25c4fc2a7e8862d95bc86c3c2752e9ca2496c2f5d1ccc2

• Burn #51: 0xede2936829abc532a45f40676b30bce8e1567a9196da9a979524f225b9149a0b

• Burn #52: 0xcc2a33e088777c85842c5750a70f52e04151d4c972ae553ad4a13e04c94ac0d6

• Burn #53: 0x8d042983ee43e78b6b278fe8235c16a98db7f582a358a6b97e28e2b9507a7052

• Burn #54: 0x7b7d3861dfa0cd3e6dd01fd690ba1a616084a14def9d7da392d688d50dc1df72

• Burn #55: 0x44f232a9a866128847cb05bc68ab0db2797b5fe801554b35ab76fe7d595feb19

• Burn #56: 0xd40997c518e14243822f5713912c327bdedc9d47aaa2fbcbaee0593020c446d3

• Burn #57: 0xc6f80a67980131eae756bf6b36d9ea1d12ae66ee7f650f37c3c96e913df44764

• Burn #58: 0xb327890c1ac8c2021b233024b02376ee5dbf6686c9543fab64034dcfe38d0442

• Burn #59: 0x6c3a5fb28c3fc01f727333e6c9377a86a4f620912d4b5326904a524c1550071f

• Burn #60: 0x49f7fe2bd6df26afc3f43730151f0623954b8f01c840eef924899f5bbbb8eace

• Burn #61: 0xeefa9b22f9b6145e73845c184ae778613916b733ac5614e0cb6459413f0fc9ce

• Burn #62: 0x149431555f3dd3213189b85f60e701c551e4677b509004847cf2f00945bf3bee

• Burn #63: 0xff06474d4fb9d415681180fd76160378e9bd1861bca36486ae3d9b0693294eb8

• Burn #64: 0xd7c99774b424a46f878d027d905a2334fe9f77bd7a52eaf0f4be44f4c583f267

• Burn #65: 0x11286ae8301f9f37b274684d395faea9bc5d4ca1bd2530f663e95ad3ec087861

• Burn #66:

  • 0xccae4e628852e7d95575c9a06aae74301e74624312777356ab78c1d8895e7612

  • 0x1ee7277f74fbb4eb184d7ac8cd11098486b7954f8614fdc9d3d356fb5be0c912

For detail of buybacks, please refer here.

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

0xc93eca7278404b3c7acf15d37c222abacfa4712f2236651300615ce87e6e7a2e

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)

0x6bae2eb15b9c7f314ad00625da032da667a81a0a1ea63a841fae3d5d96d6ba84