πŸ’°Autobuyback

Yoink features an algorithmic buyback mechanism for all coins created on the platform. When market conditions are favorable, the system automatically purchases and burns tokens using the treasury pool, helping to stabilize prices and reduce circulating supply.

This mechanism supports long-term token health and sustainability, ensuring a more stable experience for traders. Treasury pools grow over time through the fees accumulated from trading volume.

🎯 How Autobuyback Works

Simplified Trigger Logic

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How the System Works

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πŸ“Š Step-by-Step Process:

  1. EMA Tracking: System calculates Exponential Moving Average on every trade (50% alpha for fast response)

  2. Price Monitoring: Compares current price to EMA after each transaction

  3. Trigger Detection: When price falls to 90% of EMA (10% drop), buyback activates

  4. Budget Allocation: System allocates 60% of treasury SOL for buyback

  5. Token Calculation: Converts SOL to token amount via bonding curve math

  6. Supply Cap: Limits purchase to 40% of on-curve supply per buyback

  7. Internal Transfer: SOL moves from treasury vault β†’ liquidity vault (internal only)

  8. Burn Execution: Purchased tokens permanently burned from circulation

  9. Event Logging: Transaction recorded, visible on Buybacks tab

βš™οΈ Technical Implementation

Dynamic Parameters

Parameter
Production Value
Purpose

EMA Drop Threshold

90% (9,000 bps)

Primary trigger: 10% price drop from EMA

EMA Response Speed

50% (5,000 bps)

Fast EMA response to recent price changes

Treasury Spend

60% (6,000 bps)

Uses 60% of treasury per buyback

Max Supply Per Buyback

40% (4,000 bps)

Caps single buyback to 40% of on-curve supply

Max Burn Total

25% (2,500 bps)

Lifetime burn limit relative to total supply

πŸ“Š Monitoring

Buyback Activity Tab

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πŸ“ˆ Track Buybacks on Token Pages:

  • Each coin page includes a dedicated "Buybacks" tab

  • View complete history of all buyback events

  • See exact timing, amounts, and transaction links

  • Monitor treasury utilization and burn statistics

πŸ”— Transaction Visibility:

  • Burn transactions are fully visible on Solana blockchain

  • Buy operations happen internally within the program

  • Only the burn will show as an external transaction

  • The buyback "purchase" is actually an internal ledger update

Internal Mechanics Explained

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πŸ”₯ Autobuyback is enabled by default for all tokens and operates automatically without any user intervention required.

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