Solana

People don't realise how big a deal Step Finance revenue system is

All revenue generated by STEP related projects are sent to the fee wallet and then used in buying back STEP from the market

This STEP is then sent to the staking contract and then distributed to stakers

Now, this is a very unique model and a good question to ask is, "Does it work🤔?"

Well, going by stats, we can see that STEP price consistently closes with a positive price % on weeks with buyback above the weekly average amount (~$190k)

Data Source:

People don't realise how big a deal Step Finance revenue system is

All revenue generated by STEP related projects are sent to the fee wallet and then used in buying back STEP from the market

This STEP is then sent to the staking contract and then distributed to stakers

Now, this is a very unique model and a good question to ask is, "Does it work🤔?"

Well, going by stats, we can see that STEP price consistently closes with a positive price % on weeks with buyback above the weekly average amount (~$190k)

Data Source: 
https://flipsidecrypto.xyz/dannyamah/step-buybacks-and-burns-FnwAAQ