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#JUP #Gate.io与F1红牛车队达成战略合作
SJUP repurchases lunar mathematics
I ran a flipside query myself (thanks to AD)), so I believe the data is accurate.
Important background information:
·50% of UItra Mode, DCA and limit order fees.
12.5% of perpetual contract fees will be used to repurchase JUP
Repurchase has not really started yet, expected to start at any time
·UItra Mode has been online for some time, so we can see the generation of fees.
Average data for the last 14 days: (14
Daily revenue: $849K
Annualized revenue: $310M
Daily repurchase rate: $280K
Annual Repurchase: $102M
Impact on the supply of JUP:
At the current price ($0.837): repurchasing 122MJUP per year = 4.6% of the circulating supply repurchased