Tokenomics
$BACK token supply, distribution, and economic design.
Launch via Virtuals Protocol
$BACK launches through Virtuals Protocol's Unicorn tokenomics model, which provides:
Supply Mechanics
No Inflationary Rewards
Unlike many DeFi tokens, $BACK does not mint new tokens for rewards. Instead:
Protocol generates revenue (fees, trading profits)
Revenue is used to buy back $BACK from the market
Bought tokens fill the staking reward pool
Stakers earn from this pool
This creates:
Sustainable yield — Rewards backed by real revenue
Buy pressure — Continuous market purchases
No dilution — Supply doesn't increase
Revenue Sources
The protocol generates revenue from multiple sources:
Portion of 0.3% fees from all swaps
Revenue from Keeta anchor operations
Profits from AI agent's systematic trading
Returns from multi-network opportunities
All revenue streams contribute to the buyback mechanism.
Economic Flywheel
The model creates a self-reinforcing cycle where protocol success benefits token holders.
Why This Model?
Problem with Inflationary Rewards
Many DeFi protocols:
Mint tokens for rewards → Dilutes holders
Creates constant sell pressure
Silverback's Approach
Rewards come from real revenue
Buybacks create buy pressure
No new supply = no dilution
Sustainable for long-term holders
Token Utility Summary
Earn share of protocol revenue
Vote on protocol decisions
Reduced fees for holders (future)
Priority features for stakers (future)
See Contract Addresses for verified contract details.
Always verify contract addresses before interacting. Only use official links from this documentation.
