Tap to Trade in Gate Square, Win up to 50 GT & Merch!
Click the trading widget in Gate Square content, complete a transaction, and take home 50 GT, Position Experience Vouchers, or exclusive Spring Festival merchandise.
Click the registration link to join
https://www.gate.com/questionnaire/7401
Enter Gate Square daily and click any trading pair or trading card within the content to complete a transaction. The top 10 users by trading volume will win GT, Gate merchandise boxes, position experience vouchers, and more.
The top prize: 50 GT.
![Spring Festival merchandise](https://exampl
I see buybacks are back on the timeline. To save ourselves time and debate, I have prepared a simple quiz on when buybacks are rational.
Is the discounted cash flow of the token higher than the discounted cash flow of investing in additional growth?
If DCF of the token is higher, buyback can make sense.
If DCF of the token is lower, it usually makes more sense to invest in more growth.
You’re still financing via emissions and considering a buyback? How did people trust you with their money in the first place?