Using Revshare For Buybacks & Burn

This proposal is created in hopes to determine whether Transactra Finance will test using the revenue share from the protocol for buying back $TRSCT from the open market, and burning them.

Currently, a total of $28,000 USD has been given back to the holders in the span of two weeks. The highest holder received ~$800 for his holdings of ~3.5%, while the smallest received ~$25 for 0.1% holdings.

Many community members have voiced out that though the revenue share is good for the holders, it is not significant enough at its current stage that it makes a difference. As such, many have suggested using the funds to purchase $TRSCT from the open market and burning them instead.

This proposal, if approved, will be permanently in place until a new proposal overturning this decision is started and approved.