Buyback with realised gain
Last updated
Last updated
Per PIP-6B, realised gain will be utilised for $PATH buyback and ethereum purchase.
20% of the proceeds will be sent back in USDC to the treasury
5% of the proceeds will be sent back in crypto assets (mostly ETH and WBTC) to the treasury
15% of the proceeds will be used to market buy back PATH
60% of the proceeds will be used to put a strong support on 10%-35% below the market value
Google Sheet below is created to track all transactions and assets.