Structure & Mechanics
Two options are under design for PB execution:
-
Custom Buyback Contract
- Smart contract sets min/max participation limits (e.g., $1k–$20k in USST).
- Users swap STBL for USST through the contract.
- Acquired STBL is burned transparently on-chain.
-
Dutch Auction Model
- Users submit bids via a capped front-end form.
- Buybacks clear at a premium above market price.
- Ensures fair distribution among many participants.
Technical Flow Example:
Buyback contract integrates with PancakeSwap Router. Swap executes STBL → USST under defined parameters. Acquired STBL is transferred to the burn address (0x000…dEaD).