Buybacks

On my trip, I thought a lot about the CRE8R token and the "utility".

After I returned, I discussed some ideas with Bee. We came up with a decent, low effort idea.

That is to use 5% (of the 15% we take) client payments to buy back CRE8R and add them to the rewards for the CRE8R-FTM Beets pool. This pool is a 80/20 pool, and can usually take single sided injections of CRE8R quite comfortably.

The consequences are that:

1. we lose 5% of our yield farming power
2. we provide more exit liquidity

The pros are: 1 we add buying pressure, but not a crazy amount 2. we encourage people to build LPs and add depth to this.

Choice:

1. I don't know.
2. No, let's keep it all Yield Farming.
3. Yes. Start buying CRE8R with the 5% of new client payment.
4. Yes, calculate the 5% of all our past payments and make a big payment. I wild guess is this ~20k