Buybacks Continue, Unlocks Set the Scale
After the emissions table appeared, the chat's question shifted from “When is the halving?” Buybacks were still being carried out, but the on-chain figures showed they were smaller in scale than the unlocks. The small dispute did not explain the price, but it stripped some wishful thinking from the word “buyback” in the chat.
A creative chronicle combining project history with imagined scenes. Story events are not verification of network activity.
After the emissions table appeared, the chat's question shifted from “When is the halving?” to “How much of the unlocks can buybacks really offset?” A-Zhen had worked on the chain side. She knew both flows could be examined, and that looking at only one could make for an overstated story.
Buybacks were still being carried out, but the on-chain figures showed they were smaller in scale than the unlocks. One person wanted to declare the buybacks useless; another would share only the purchase records. A-Zhen put both sets of records into the same discussion. Opposing directions, she said, did not mean equal size, and everyone should first say exactly what they were comparing.
The small dispute did not explain the price, but it stripped some wishful thinking from the word “buyback” in the chat. A-Zhen planned to keep watching public changes on both sides and explain her reading to players who asked. A single comparison could not yet tell them when unlock pressure might ease.