Company token buybacks
If it is deemed beneficial to promote the usage of the 3air platform and incentivize, 3air may cause a buyback of 3air tokens periodically (e.g., quarterly) in amounts that could be around 20% or 30% of all collected fees. These tokens could be sent to a community pool and burned or used to fund ESG-compliant community projects. Decisions related to token buy-backs and related use of bought tokens might be taken consensually with the community using surveys, polls, or other opinion-gathering and voting mechanisms.
If a token buy-back occurs, 3air may not publicly announce the amount or date before the event. We may announce them after the event. To avoid doubt, the above does not directly imply that 3air will buy tokens on open markets, if at all.
Figure 10 Token buyback option