Protocol revenue and the $ANSEM buyback
Protocol revenue and the $ANSEM buyback
Where protocol revenue comes from
Three streams, all landing in a single treasury address:
| Source | Amount |
|---|---|
| Token creation | A flat fee, currently set to zero |
| Every trade | 0.4% of the trade, in ETH |
| Graduation | A fixed fee per token, taken out of the ETH raised |
After graduation, the protocol's share of the Uniswap pool's 1% fee is added to the same treasury.
Only the creator's 0.3% stays inside a token contract, and only until it is claimed. Everything else leaves on the trade.
The buyback
Half of protocol revenue is used to buy $ANSEM on the open market and burn it, permanently reducing its circulating supply.
Trade fees + creation fees + graduation fees + pool fees
→ Treasury
└── 50% → buy $ANSEM → burn
How to read the buyback report
The buyback page shows total $ANSEM bought, total burnt, USD spent, the current buyback budget, and the running series over time.
Two honest caveats about it:
$ANSEM trades on Solana, not Robinhood Chain. The buybacks are executed there and recorded here with their Solana transaction signature. You can verify each one on a Solana explorer, but it is not a flow you can trace end-to-end on Robinhood Chain.
The ledger is attested, not automatic. Entries are recorded by the team after each execution. The treasury revenue that funds them is on-chain and verifiable; the matching of revenue to buybacks is a reporting step.
TODO before publishing:
- The $ANSEM token mint address, so users can verify the burns themselves.
- Whether to publish this page at all right now — the buyback page is currently switched off by feature flag in the app, even though the underlying data is live.
Buybacks are not a price floor
A buyback reduces supply. It does not guarantee a price, does not create an exit, and does not run on a fixed schedule. Treat the reported figures as a record of what happened, not a commitment about what will.