# Buyback-and-Distribute A percentage of revenue will be used to buy back $TIDE on the open market and distribute it to lockers. Currently this is implemented at 30% of revenue. This means that lockers benefit from a thriving TideFlow platform, incentivizing them to spread the word. The longer holders lock up their $xTIDE, the bigger the revenue share they receive. The logic works as follows: $$ \text{1) For every locker } i, \text{ holdings points are calculated as follows:} \\ \text{holding.points}\_i = xTIDE.\text{balance}\_i \cdot \left( \frac{\text{remaining lockup time}\_i}{20} \right) \\ \text{2) Holding points are summed across all lockers such:} \\ \text{total.points} = \sum\_{i=1}^{\text{total players}} \text{(holding.points}\_i) \\ \text{3) Each locker gets a pro-rata share of revenue based on their share of total holdings points as follows:} \\ \text{rev.share} = \left\[ \frac{\text{holding.points}\_i}{\text{total.points}} \right] \\ $$ Using buyback-and-distribute instead of buyback-and-burn allows us to reward the strongest believers rather than short-term traders. \ Distributing revenue in $TIDE instead of another token comes with the following benefits * Offers real yield * Retains protocol value (fees/revenue) in $TIDE * Zombie addresses receive $TIDE which effectively burns them, benefitting all holders \ **Process** * The buyback-and-distribute will happen once a week. * 30% of revenue of the previous week is used to buy back $TIDE on the open market over 7 days to smooth out price effects and prevent front-running. * Afterwards, the $TIDE is distributed it to stakers pro rata based on the formula above * Stakers can claim their $TIDE rewards anytime The first buyback-and-distribute will take place 7 days after TGE. 30% of the revenue generated before TGE will be distributed to $xTIDE holders across the first 3 months (60% in month 1, 25% in month 2, 15% in month 3). --- # Agent Instructions: Querying This Documentation If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question. Perform an HTTP GET request on the current page URL with the `ask` query parameter: ``` GET https://docs.tideflow.com/tokenomics/utility/buyback-and-distribute.md?ask= ``` The question should be specific, self-contained, and written in natural language. The response will contain a direct answer to the question and relevant excerpts and sources from the documentation. Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.