The best buybacks on the market?
InfiniteHash's buyback strategy explained in 3 tweets
👇 🧵
InfiniteHash posts updates on their Twitter account: they purchase several thousand dollars worth of their Alpha every day.
If we look onchain, we can see that these purchases are indeed taking place every day. This puts constant buying pressure on the subnet token.
We can easily see that InfiniteHash's buyback is transparent and very rigorous.
📚 Quick definition:
A buyback is when a subnet uses its resources to buy its own token on the market, aiming to support or increase the token’s price and incentivize network participants.
All revenues from the subnets (mined bitcoins, approximately $5k per day) are used to buyback the subnet token. This mechanism continuously buys up Alpha tokens, supporting the token’s value. 💰
🔁 This setup creates a simple but powerful feedback loop:
- Miners contribute their bitcoin hashrate to the subnet and are paid with new Alpha token emission.
- Every Bitcoin mined by the subnet is immediately sold, and used to buy Alpha tokens on the market—creating steady buying pressure on the subnet.
- As more miners join, more Bitcoin is mined and more Alpha is bought up, which makes Alpha more valuable.
- As Alpha’s value rises, the subnet becomes even more attractive to new miners and holders, strengthening both the ecosystem and rewards for participants.
A key improvement would be automation, since the team currently handles the entire buyback process manually.
They are very consistent and have every interest in continuing to be so for the future of their subnet.
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