Buyback Program

What is the Buyback Program?

The Buyback Program allows users to sell back their tokens at a pre-agreed price, mitigating their risk exposure. This innovative approach creates a win-win scenario:

• Risk Mitigation for Users: Users can reduce or eliminate price risks associated with their token holdings.

• Project Support for Impossible: The program enables Impossible to continuously support groundbreaking projects within the crypto space.

This initiative instills confidence in the project's long-term goals, ensuring consistent value delivery for the community and Impossible's users.

How Does the Buyback Program Work?

The Buyback Protection Program operates by holding a percentage of funds raised from IDOs in a multisig wallet, co-managed by the project team and Impossible's council members. Here’s how it works:

• Fund Allocation: A portion of the raised funds is secured in a multisig wallet.

• Activation and Announcement: Upon meeting specific criteria, Impossible Finance announces the activation of the Buyback Program.

• Token Repurchase: Users participating in the program can sell their tokens back to the project at a discounted price, using the funds held in the multisig wallet. This process mitigates downside risks for users participating in IDOs.

By offering this safety net, the Buyback Program enhances user confidence and reinforces the commitment to long-term project success.

Next Steps

Now that you understand the Buyback Program and its operation, proceed to the next page to see a practical example of the Buyback Program in action.