@leostrategy's thread

All yield is folded into Buybacks effective immediately. This also resolves an issue we've had with the daily RWA yield payouts. This will lead to a larger and more drastic recovery initially as that yield is folded into equity

For example, RWAs will start recovering extremely fast. Trackable via https://leostrategy.io/recovery

Thank you for sticking with us as we continue to iterate toward a better model. This new approach will quickly re-peg the assets by using yield to buyback and permanently stake these tokens off the market. Then the RCBF's operations will be expanded to handle more fluid conversions (think: HBD Conversions but more robust) and maintain the pegs continuously while offering stablecoin yield as we have been