For $HYPE lovers: don't forget that 32% of Holders' Revenue is subsidy delivered to validators, so we have

• 65% of buybacks: 0.65*1.1 = ~$715m
• 32% of staking incentives 0.32*1.1 = $352m

So while $715m of $HYPE are bought back, $352m or ~50% are added to circulation, meaning that EFFECTIVE buyback rate (net) is 715-352 = $363m only(!)

https://app.valueverse.ai/tokens/hype