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Token Buyback
The Pinjam Protocol has been designed with incentives for the public to conduct Pinjam Token buybacks.
The (3,3) mechanics will allow users to trade in their KAVA/PINKAV LP tokens in exchange for KAVA at a 5% premium. This means for every $1 of KAVA/PINKAV LP a user provides, they will get back $1.05 of KAVA, instantly.
This module requires a user to buy PINKAV for 2 reasons:
- 1.In order a for a user to be eligible to participate in the (3,3) mechanic, a user will first need to buy PINKAV, and lock it.
- 2.Once locked, a user will then need to buy PINKAV and then provide KAVA/PINKAV liquidity to the LP pool, which they can then exchange those LP tokens for KAVA.