The Streamflow protocol on Solana announced that over 20% of its revenue is now directed towards $STREAM token buybacks and staking rewards distribution.
Buyback and Reward Distribution Strategy
In August, the Streamflow protocol generated approximately $235,000 in revenue, allowing for the buyback of over 350,000 $STREAM tokens and distributing them to active stakers. Buybacks are executed automatically on an hourly basis, with stakers able to claim their rewards each hour.
Benefits of Staking $STREAM
Tokens acquired through protocol revenue are distributed as rewards to users who stake their $STREAM tokens and vote on governance proposals. This incentivizes active participation and strengthens ecosystem decentralization. Stakers benefit not only from increased token value due to buybacks but also earn additional $STREAM tokens claimable each hour.
About Streamflow
Streamflow is a secure, easy-to-use, non-custodial platform designed to align token incentives throughout the entire token lifecycle. The platform offers solutions for automating and customizing token distribution, including staking, token vesting, and other operations, ensuring transparency and customization.
Streamflow's strategy of dedicating a significant portion of its protocol revenue to $STREAM buybacks and staking rewards signals its commitment to long-term growth and value creation for its community.
