Buyback & burn
This buys $BALLAST on the open market like any other buyer, and destroys what it buys. It confers nothing on holders and predicts nothing about price.
Not scheduled — permissionless once the threshold is met.
Trigger this buyback
Nothing runs on a schedule — a buyback happens only when someone sends this public transaction. You pay gas and receive nothing: it claims the accrued WETH, buys $BALLAST, and burns every token.
Each buyback is size-capped so one call can't swing the thin pool. Whatever a call can't buy within its cap stays and funds the next — spent across many small buybacks, nothing lost between them.
Burning reduces the circulating supply. What happens to price after that is not something we control or predict — this page states what was bought and destroyed, nothing more.
The burn address
Every token bought lands here, unmovable. Confirm the total yourself — don't trust this page.
Supply effect
- Original supply
- —
- Circulating
- —
- Burned
- —
$BALLAST has no burn function, so totalSupply is unchanged — burned tokens sit at the dead address. Circulating = supply − that balance.
Burn history
Reading burn events…
Live from BuybackBurned events. Every row links to Blockscout — verify without trusting this page.
Where the money comes from
Only the platform's fee share funds buybacks — no treasury assets. Each buyback is itself a 1% swap, so a little WETH cycles back to fees and slightly less $BALLAST is burned than WETH accrued. How the fee works ↗
Who controls this
Owned by a single BALLAST-team key, not a multisig yet — we'd rather say so plainly. Here's what it can and can't do; verify with owner().
- It can
- Change the trigger threshold (delay, never divert), adjust the price-impact cap under a fixed 20% ceiling, and change which fee ledgers it sweeps.
- It cannot
- Withdraw WETH, change the token it buys, or change the burn address — no function exists. Bought tokens always go to 0x…dEaD, fixed in the contract.
The same key controls the fee config and could redirect future fees elsewhere — but it can never touch WETH already here, which can only buy and burn $BALLAST. We'll note it here when ownership moves to a multisig. On the record ↗