We think this is a step forward for @maplefinance and its various stakeholders. The team has been listening to investor and community feedback, and is operating within an environment that currently rewards buybacks as a way to build investor confidence — in an industry where the split between token holder rights and equity holder rights remains a major, unresolved topic of debate, as we've recently seen play out with $VVV. With this proposal, Maple is trying to get the best of both worlds: giving investors what they've been asking for, a more programmatic buyback that supports valuation, while retaining the flexibility to redeploy that capital toward growth opportunities as they arise. Our most important suggestion at this stage would be to give the team some runway before executing each buyback, a six-month window, for example, within which the team can buy SYRUP at the most favorable price available, building a long-term reserve that, if executed well, ultimately provides Maple with meaningfully more capital than an immediate, mechanical execution schedule would. We think forcing immediate execution each month will simply push Maple to buy ethereum:0x643c4e15d7d62ad0abec4a9bd4b001aa3ef52d66 at higher valuation multiples on average, whereas granting that flexibility shouldn't change market perception at all—buybacks are already priced in—while giving the team room to optimize execution and generate additional value from the same allocated capital.