Just spotted another $4M buyback getting executed via TWAP right now.

Here's what's shifting mid-December: the buyback strategy's pivoting to daily operations. They're allocating 90% of the previous day's revenue directly into buybacks. Pretty aggressive move if you ask me.

Once their L1 mainnet goes live, things get interesting. All buyback activity becomes fully visible on-chain. No more guessing games. More importantly, this design cuts out the MEV extractors and frontrunners who've been gaming the system. Finally addressing that pain point the community's been vocal about.