VYLO
Launch App
Protocol

Buybacks

How the 40% buyback share of revenue becomes $VYLO, with every trade checked onchain.

How a buyback works#

  1. 1
    Revenue arrives
    The buyback share is paid to token accounts owned by the Buyback Vault authority CYLr...RBzt. No instruction can withdraw from them.
  2. 2
    Executor triggers
    The executor key requests a route from the held token to $VYLO through the whitelisted swap router, with a minimum output.
  3. 3
    Program swaps
    The program signs the route for its own accounts and calls the swap router.
  4. 4
    Program checks
    After the swap: input spent must be above 0 and at most amount_in, and $VYLO received must be at least min_out. Otherwise the whole transaction reverts.
  5. 5
    Hold
    Bought $VYLO stays in the vault. Every buyback is logged onchain with amounts and a counter.

What the executor cannot do#

  • Send funds anywhere: there is no transfer or withdraw instruction.
  • Use another router: only the whitelisted program can be called.
  • Change the target token after the first buyback: the $VYLO mint locks.
  • Burn: burning is off until the admin enables it.