LoyaltyDrops (Buy-backs)
A 10% performance fee has been applied to LHYPE and all future Looping Collective Products. This fee will be used strategically to strengthen the value of $LOOP and incentivize long-term alignment.
How it works
Buybacks: The 10% performance fee from all Looping Collective Products will be used to buy back $LOOP on the open market.
Loyalty Fund Allocation: All $LOOP acquired through buybacks will initially be excluded from circulating supply and held in the LOOP Loyalty Fund.
Loyalty Program Rewards: Over time, the Loyalty Fund will be distributed to users and builders through an airdrop program that will run a with regular cadence. The value of the airdrop will be pro-rated based on the accrued points. Looping Modes unlock points multiplier for the Loyalty Program.
Goals
Increase demand for $LOOP via consistent market buybacks
Create long-term alignment with users and builders
Reduce sell pressure by conditioning distribution on price thresholds
Build a sustainable and value-accretive rewards system
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