Buybacks & reserves
The USDC behind every credit, every burn and where its USDC went, and every buyback your discounts fund, executed on Solana and listed here with its transaction.
Credits, backed 1:1 by USDC.
Every credit is minted against USDC deposited into the reserve, and can't be transferred. When credits are spent they are burned every hour: the released USDC pays the inference, runs the user's own buyback split, and the margin goes 50% to buy $XINF into the protocol lock and 50% to $XAVA stakers in USDC. There is no team share. The credits program is being audited and is not live yet, so the chain numbers show dashes until it is.
Credits in existence, read from the credits token. 1 credit = $1.
USDC held by the credits program. It must always be at least the supply.
What our ledger says the chain should hold. Anyone can compare it with the two numbers beside it once the program is live.
| closed | batch | credits burned | → operations (cost) | → users' own buybacks | → $XINF lock | → $XAVA stakers | batch hash · usage-log head |
|---|---|---|---|---|---|---|---|
| no credits burned yet: the first batch closes one hour after the first request | |||||||
Each batch burns exactly one segment of the hash-chained usage log (its head is shown) and publishes its own chained SHA-256. Machine-readable: /api/credits/reserves.json.
Community splits
Tokens ranked by what the community's settled spend actually sent them: 1 point is $0.01 directed. A split setting with no spend behind it scores nothing.
| rank | token | points | share | accounts | bought so far |
|---|---|---|---|---|---|
| No settled spend has been directed to a token in this range yet. | |||||
0 points across 0 tokens. Updated every 5 minutes. JSON: /api/buybacks/leaderboard.json.
Per token
What each token's pool has bought so far. $XINF buys land in the treasury; custom tokens in the public vault.
| token | batches | usdc in | tokens out | last batch |
|---|---|---|---|---|
| nothing bought yet | ||||
Every swap
Pools are bought daily once they reach $50 (weekly from $5), capped at 0.5% of the token's liquidity and 1% price impact, with at most 1% slippage.
| date | source | token | usdc in | tokens out | avg price | impact | tx | period root |
|---|---|---|---|---|---|---|---|---|
| no batches yet: the first one runs once a token's pool reaches $50 | ||||||||
Waiting in USD
A token's share accrues in USD until the token is safe to buy: a swap route, enough liquidity, no freeze authority, no transfer tax. Nothing is lost while it waits.
| token | usd waiting | why it is not bought yet |
|---|---|---|
| nothing is waiting | ||
The burn split, by month
The margin is split at every hourly burn: 50% buys $XINF into the protocol lock (an affiliate's cut comes out of this half) and 50% goes to $XAVA stakers in USDC through the weekly claim lists. No team share. A burn hour with a negative margin pays nothing and the deficit is repaid first.
| month | margin at burns | deficit in | split | affiliates | 50% less affiliates → $XINF lock | 50% → $XAVA stakers (USDC) | deficit out | status |
|---|---|---|---|---|---|---|---|---|
| the first month is rolled up early next month | ||||||||
The usage ledger, published
Every settled request is appended to a hash chain. Each day's rows are published with pseudonymous account ids, per-account spend and per-token accruals, summed into a merkle root, and the chain head plus root are posted on-chain in a memo. Every batch above links to the period root it draws on.
| period | usage rows | spend (standard price) | user buybacks | merkle root | chain head | on-chain memo |
|---|---|---|---|---|---|---|
| 2026-09-24 | 1 #0–0 | $0.00000106 | $0.00 | 0000000000000000… | da8c0646ddf5a64c… | planned |
| 2026-09-23 | 0 | $0.00 | $0.00 | 0000000000000000… | 0000000000000000… | planned |
Plan commitments
Each daily plan publishes the exact amounts it commits per token and the SHA-256 of that text. Hash the text yourself; it must match, and every job above carries its plan's hash.
| plan | jobs | sha256 of the per-mint amounts |
|---|---|---|
| no plan has been made yet | ||
Machine-readable: /api/buybacks.json and /api/audit (one export per period). The open-source watcher script recomputes every root, chain head, total and bound from them and checks the memos and swaps on-chain. Explorer links open the transaction on Solscan.