here's why token holders should have a claim on fees generated rather than have it distributed as buybacks: 

users get the psychological affect of seeing a paycheck in their wallet every single day based on revenue being produced, rather than buybacks which can be invisible.

also a great re-engagement tactic

no disrespect to OP

used to think this way

but there are a few key structural reasons why it doesn’t make sense for an early stage project 

first, better to use those fees to fund growth, not pay out dividends 

second, there is zero chance an early stage token will yield anything consequential on a % basis. if the project starts performing well, the token will price it in and the yield will once again be very low

third, capital efficiency. distributed fees relative to buybacks results in an immediate capital loss from taxes

finally, any resultant psychological effect is short lived. unfortunately the way we operate in this space, the potential for fee distribution is a lot more bullish than the fee distribution itself 

this is part of why I’ve grown more positive on using gov tokens as a liquidity pair e.g. $zora, upcoming $pro release, despite some downsides of that model as well

app developer /spotlight | MediaFi & Attention Markets

Just for info ℹ️:
Yesterday’s revshare APY for $TIPN was 193%.

The best crypto signal ever!
I buy = the top 📉
I sell = the bottom 📈
Enjoy the gains 💸

can you share more on how that is calculated and paid out?

I have approximately $1,900 of TIPN staked. Yesterday, I received 10 USDC in rewards. USDC rewards are the fee revenue from the TIPN protocol, shared among all TIPN stakers

Today revshare APY : 150%
Tipn holding : 1831$
Usdc reward : 7.55 usdc
APY = reward/holding x 365 x 100