~snip~
The buybacks will happen at market price, as of now we are not sure which would be a more beneficial solution:
1, Buying the tokens back straight from the exchange (which could mislead unaware investors just like a pump), which is the best option for us to buy back as many tokens as possible
2, Create a separate option where the owners can determine their prices and the lower prices get the priority (they would obviously sell way above the market price, thereby slowing the buyback process)
You can find a longer post about our
buyback program and most of the unique features of Cazaar on our
medium profile.
I would advise against buying back directly from exchange on daily basis as it can be easily misintepreted as fake volume, and investors won't be able to determine which buy orders and volume is which.
Maybe a buyback can happen on certain date each month. This way, people will be the ones determining the price and it will also prevent dump as people will set price higher nearing the buyback period