.@0xfluid Revenue Sharing and Buyback Discussion is live, and it proposes three approaches to buybacks. I will not try to get into the pros and cons of each of these approaches; I will link the forum post from @DeFi_Made_Here to check that out, but I will shed light on each of the different methods proposed. Approach 1: Dynamic FDV-Based Buybacks This approach states that whenever Fluid FDV goes below $0.5b, it will direct 100% of the revenue to the buybacks; if it goes above $0.5b, it will follow a x*y = k curve to decide the share of the revenue that goes back to buybacks, which might look as the image below. Considering 100% of the revenue goes to buybacks at $0.5b FDV, the x*y = k equation leaves the k value to be 50 as 0.5*100 = 50. Hence, in the above chart, $0.75b FDV leaves us with 66.67% of the revenue going back to charts. Approach 2: 30-Day TWAP Buyback This approach will buyback the tokens using 100% of the revenue if the 30-day TWAP (Time-Weighed Average Price) is lower than the current market price, which will look something like the following: So, in the chart above, since the 30-Day TWAP price is lower than the Fluid Current Price, 100% of the revenue goes to buybacks. Approach 3: Hybrid Approach Hybrid is a combination of both the above approaches and states that if the market is bullish, the protocol minimises the buybacks. In contrast, when the market is bearish, the x*y = k curve can be adopted to perform buybacks.