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Graphite Protocol is actively buying back and burning its tokens using revenue generated from collaborations, such as with Bonk. The project has made significant progress, with over XX million tokens already burnt and a substantial amount of SOL allocated for future buybacks. A new website is being built to track the burns and provide updates on the project's progress.
Social category influence cryptocurrencies #3646
Social topic influence sol #516, $sol #176, $gp #19, dca #21, bonkfun #52, $655200week, $23000day, patience, liq, all the
Top assets mentioned Solana (SOL) Nexus ASA (GP)
Top posts by engagements in the last XX hours
"In the last X months weve bought back XXXX% of $GP from @bonk_fun revenue. This week: XXXXXX $SOL ready to DCA more. At current FDV we expect to buy back XX% of supply PA and then a big burn will be processed for every X% we buy. Buy back wallet 👇" @GraphiteProto on X 2025-06-30 14:30:38 UTC 14.5K followers, 64.2K engagements
"There is 2052 $SOL of buy backs that is about to be processed from the last X days of revenue" @GraphiteProto on X 2025-07-07 19:03:35 UTC 14.5K followers, 54.5K engagements
"43 million $GP has now been burnt. This is the final burn outside of buy backs" @GraphiteProto on X 2025-02-01 11:50:35 UTC 14.4K followers, 24.6K engagements
"If current revenue continues buy backs are estimated to be close to XXX $SOL a day ($93600) which equates to $655200/week in buy back and burns. Working hard to maintain marketshare. 🫡" @GraphiteProto on X 2025-07-10 00:58:16 UTC 14.5K followers, 66.3K engagements
"Another week another DCA claim. After doing the math we've concluded that we have a total of 3183.03 $SOL to buy back and burn $GP with. That's a total of $515651. This week we'll be changing our DCA structure to fire off buys every minute instead of X per day" @GraphiteProto on X 2025-07-13 20:38:00 UTC 14.5K followers, 72.5K engagements
"A total of 4366 $SOL ($881932) has been allocated for the weekly buy backs. Due to the volume @bonk_fun is receiving we are going to be increasing the amount of times per week the fees are claimed" @GraphiteProto on X 2025-07-22 20:39:39 UTC 14.5K followers, 75.9K engagements
"@NotStewii It's for the last X days SundaySunday. We do a claim every Sunday ( but the structure is changing to once every X days we claim)" @GraphiteProto on X 2025-07-13 20:39:31 UTC 14.4K followers, 3196 engagements
"We are going to be starting our buy back and burn program shortly. So far for the week we have XXXXXX $SOL to buy back $GP with. This equates to around $23000/day. We'll be placing a DCA order via jup that is placing orders per day over the X day period" @GraphiteProto on X 2025-05-18 12:28:29 UTC 14.5K followers, 32.1K engagements
"The website we built is currently under legal review which is why its not live yet. Once the review is complete well make it live and also have clearance to start venturing for deeper liquidity. The estimated timeframe is 4872 business hours. Thanks for your patience" @GraphiteProto on X 2025-07-24 16:03:12 UTC 14.5K followers, 22.9K engagements
"New website that shows all the burns and what we do is being built atm. We also have had great interest across the board for deeper liq and are in convos with some CEX's - no promises but figured we'd write an update Thanks for all your belief 🤝 Forward" @GraphiteProto on X 2025-07-13 22:35:59 UTC 14.5K followers, 45.8K engagements