Aqua (solana:AQVcP67EpMyu4cBZZjqMu91cVsWy1aX98JmcZm1FyY9) just gave back most of the move off a ~$4.7M ATH. Spot market cap is back around $720k–$820k.
Quick fee split, on-chain:
•2% fee on eligible trades/transfers, settled in SOL
•1% → holder rewards on the launched token
•1% → platform
•Of that platform share, 50% of protocol revenue is auto-routed to
$AQUA buybacks (team corrected an earlier 25% figure)
•Other 50% → treasury/team, or creator if they lock
•They’re looking at raising buybacks to 75% and keeping holder rewards
Stated goal: buy and burn 50% of the 1B supply. Cumulative buybacks they posted by Sep 29: 590+ SOL. Still a small slice of supply so far.
Buybacks scale with launch volume, not a fixed dollar bid. Thin liquidity, two-week-old token. Not a call just the mechanics. @Aqua_Launchpad