Pinjam
  • What Makes Pinjam Better
    • 🏑Welcome to Pinjam
    • 🌞Protocol-to-Protocol Lending
    • πŸ˜™Get Paid To Borrow and Deposit Incentives
    • 🎑The Yield Flywheel
    • πŸ§‘β€πŸš€DeFi Evolution
    • πŸ”’Security
  • Pinjam Ecosystem Tokens
    • βš’οΈToken Utility
    • 🎁PINKAV Rewards
    • πŸ”Staking vs Locking
    • 🍯Protocol-Owned Liquidity (3,3)
    • 🏒Token Buyback
    • $PINKAV (Kava)
      • πŸͺ™Tokenomics
      • πŸͺ‚PINKAV Airdrop Program
      • πŸ‘»PINKAV Reward Emissions
    • $PINTLE (Mantle)
      • πŸͺ™Tokenomics
      • πŸͺ‚$PINTLE Airdrop Program
      • πŸ‘»$PINTLE Reward Emissions
  • Pinjam Growth Strategy
    • ⛓️Multi-Chain Expansion Strategy
    • ⛏️Liquidity Mining Programme & PINKAV Bribes Distribution
    • πŸ—ΊοΈPINJAM Roadmap
    • Pinjam on KAVA
      • 🌊Liquidity Generation Event (LGE)
    • Pinjam on Mantle
      • 🌊Liquidity Generation Event (LGE)
      • 🀸KOLs Ambassadorship Program
  • Your Guide to Using Pinjam
    • πŸ–₯️Basic Overview of Pinjam's Interface
      • Pinjam Home/Markets Page
      • Pinjam Reserve Overview Page
      • Pinjam Dashboard Page
    • βš’οΈBasic Functions
      • Depositing and Withdrawing
      • Borrowing
      • Repaying Loans
      • Collateral
      • Idle Liquidity Utilization
      • Claiming Worked Yields
  • Important Links
    • πŸ–±οΈWebsite/Social Profiles
    • πŸ“™Reading Materials
    • πŸ“œContract Addresses
    • πŸ”¦FAQ
    • πŸ‘ΎPinjam's License Usage
    • 🀠Legal Disclaimer
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  1. Pinjam Ecosystem Tokens

Token Buyback

PreviousProtocol-Owned Liquidity (3,3)Next$PINKAV (Kava)

Last updated 1 year ago

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 (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.

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.

🏒
Protocol-Owned Liquidity