Up until the 26th of Match all GET that is used by the protocols integrators during Q1 will be bought back straight from the open market. A portion of the acquired GET will be burned. Proof of burn will be provided in a blogpost published on the 3rd of April. For more information about the burnback refer to this blog post.
The 2019 Q4 buyback is completed! The report of the Q4 buy and burnback(totalling 98 348 GET) can be found on the GET Protocol blog.
In this buyback a total of 57 710 GET was bought back directly from the open market(worth €14 363). Internal protocol funds provided 40 638 GET (worth €10 159) as discount.
Both partitions(totalling 98 348 GET, worth €24 522) where burned by sending the acquired GET directly to Ethereums genesis address.
The Q3 buyback is completed! The buyback report con be found on our Medium blog.
In total 13,490 GET was bought back from the open market during this buyback.
Of the bought back partition 12,293 GET was burned.
In the forth buyback of the GET Protocol €23,839.43 worth of GET was acquired from the open market. This GET was used to fuel 78 event contracts on the Ethereum blockchain. For more information about the burnback read our blogpost.
In total 67,556.8685 GET was bought back from the open market during this buyback.
Of the bought back partition 20,838 GET was burned.
In the third buyback of the GET Protocol €36,055.40 worth of GET will be acquired from the open market. This GET will fuel 132 event contracts on the Ethereum network. For more information about the buyback read our blogpost.
In total 72 110.8 GET was eventually bought back from the open market during this buyback.
| Time (epoch UTC) | Rate ETH/GET | EUR / GET equiv. | Round length | |
|---|---|---|---|---|
| 1 | 1553691600 | 0.004183750314 | €0.50 | 10 min |
| 2 | 1553692200 | 0.00493682537 | €0.59 | 10 min |
| 3 | 1553692800 | 0.005825453937 | €0.70 | 10 min |
| 4 | 1553693400 | 0.006874035646 | €0.82 | 10 min |
| 5 | 1553694000 | 0.008111362062 | €0.97 | 10 min |
| 6 | 1553694600 | 0.009571407233 | €1.14 | 10 min |
| 7 | 1553695200 | 0.01129426053 | €1.35 | 10 min |
| 8 | 1553695800 | 0.01332722743 | €1.59 | 10 min |
In the second buyback of the GET Protocol €3.039 worth of GET will be acquired from the open market. This GET will fuel 25 event contracts on the Ethereum network. For more information about the buyback read our blogpost.
In total 6 023 GET was eventually bought back from the open market during this buyback.
| Time (epoch UTC) | Rate ETH/GET | EUR / GET equiv. | Round length | |
|---|---|---|---|---|
| 1 | 1545912000 | 0.0040 | €0.50 | 6 hours |
| 2 | 1545933600 | 0.0045 | €0.56 | 6 hours |
| 3 | 1545955200 | 0.0050 | €0.62 | 6 hours |
| 4 | 1545976800 | 0.0063 | €0.79 | 6 hours |
| 5 | 1545998400 | 0.0070 | €0.88 | 6 hours |
| 6 | 1546041600 | 0.0079 | €0.98 | 6 hours |
| 7 | 1546063200 | 0.0089 | €1.16 | 6 hours |
| 8 | 1546084800 | 0.0096 | €1.23 | 6 hours |
This first buyback of the GET Protocol acquired €30.600 worth of GET from the open market to fuel 36 Carré events.
In total 61.129 GET was eventually bought back from the open market during this buyback.
| Time (epoch UTC) | Rate ETH/GET | EUR / GET equiv. | Round length | |
|---|---|---|---|---|
| 1 | 1538308800 | 0.002577319588 | €0.50 | 6 hours |
| 2 | 1538330400 | 0.002706185567 | €0.53 | 6 hours |
| 3 | 1538352000 | 0.002841494845 | €0.55 | 6 hours |
| 4 | 1538373600 | 0.002983569588 | €0.58 | 6 hours |
| 5 | 1538395200 | 0.003132748067 | €0.61 | 6 hours |
| 6 | 1538416800 | 0.00328938547 | €0.64 | 6 hours |
| 7 | 1538438400 | 0.003453854744 | €0.67 | 6 hours |
| 8 | 1538460000 | 0.003626547481 | €0.70 | 6 hours |