Revenue, buybacks and burn
80% of Launchpad protocol fee revenue buys BIBO for permanent retirement; 20% funds team operations.
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The 80/20 revenue policy
BIBO assigns 80% of all realized Launchpad protocol fee revenue to BIBO buybacks and the remaining 20% to team operations. The buyback budget therefore grows in direct proportion to the protocol income generated by launch activity.
The revenue base is the protocol-owned fee allocation: the launch fee each token pays at creation, the protocol's share of curve fees, and the platform fee charged in graduated launch pools and platform-fee pools. Launch principal used to seed liquidity, project Creator Fee allocations and the eligible pool voter fee stream each retain their separate purpose. By default the protocol also receives the LP fees that each launch's locked position earns, except on launches from the first release, where they are never collected; those fees sit outside this revenue base.
| From 100 units of protocol revenue | Allocation |
|---|---|
| 80 units | Purchase BIBO for permanent retirement |
| 20 units | Fund team operations |
Purchased BIBO is permanently retired
The policy sends every purchased BIBO token to a black-hole address: a destination from which the tokens cannot be spent. This permanently retires them from economic circulation. Retired tokens are not used for voting or paid back out as liquidity rewards.
A budget allocation and an executed purchase are separate events. Funds earmarked for buybacks remain available for later execution if they have not yet been spent. The quantity of BIBO retired depends on the actual purchases and their execution prices.
A revenue-funded counterpart to emissions
Liquidity emissions distribute BIBO to participants supplying eligible capital. Buybacks acquire existing BIBO using earned protocol revenue and permanently retire it. Together, these flows connect liquidity participation and launch activity to the protocol asset.
Retirement reduces the amount remaining in economic circulation relative to the same issuance path without buybacks. Whether total circulating supply falls over a period also depends on issuance and other supply changes. The policy establishes a use of revenue, rather than a promised price outcome.
Launchpad and ve(3,3), working together
Launches contribute new assets, communities and protocol income. Their graduated markets create opportunities for LPs and voters. The ve(3,3) layer directs capital incentives toward admitted markets, while the Launchpad buyback stream creates revenue-funded demand for BIBO and cumulative retirement.
This is how the two sides reinforce the same economy: liquidity incentives support participation in the market layer, and realized launch revenue supports purchases of the protocol asset. Each side has its own budget and accounting, joined by the activity of the BIBO ecosystem.