# Token Buyback

The Pinjam Protocol has been designed with incentives for the public to conduct Pinjam Token buybacks.

### Public Incentives

The public incentives of buying back is designed around the [Protocol-Owned Liquidity](https://docs.pinjamlabs.com/pinjam-ecosystem-tokens/protocol-owned-liquidity-3-3)(3,3) module.

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.<br>

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.
