Buyback, DeFi & MyLegacy
The Buyback Mechanism
Etherland's systematic token buyback program serves as the cornerstone of our value creation model, directly linking ecosystem success to token appreciation through consistent market support. Unlike speculative buyback programs, our mechanism operates with mathematical precision, allocating exactly 10% of quarterly profits from all revenue streams—including MyCompliance subscriptions, MyAttendant premium services, Technology Launchpad partnerships, and Expertise Providing consulting—toward ELAND token purchases from secondary markets.
Buyback Target: Our program will start from TGE, creating a substantial price floor while demonstrating long-term commitment to token value preservation.
The buyback mechanism operates independently of crypto market cycles, providing consistent demand pressure regardless of broader market sentiment. Revenue from traditional consulting services ensures continuous buyback activity even during cryptocurrency downturns, while crypto-native revenue streams accelerate token acquisition during market upswings. This dual-revenue approach creates a balanced support system that strengthens during both bull and bear market conditions.
The strategic timing of buyback executions follows a systematic quarterly schedule, preventing market manipulation while maximizing price impact through consistent, predictable purchasing patterns. All buyback transactions are publicly recorded on-chain, providing complete transparency to token holders and enabling third-party verification of our commitment to the program.
Revenue Sources
All five ecosystem verticals contribute proportionally to buyback fund
Market Independence
Fiat revenues ensure buybacks continue regardless of crypto market conditions
Execution Schedule
Quarterly purchases
Percentage of Profits
10%
The DeFi Offering
Etherland's DeFi integration introduces sophisticated financial mechanisms that reward long-term ecosystem participation while creating additional utility layers for the ELAND token.
Staking
The staking mechanism creates a powerful incentive system that rewards long-term holders while strengthening the entire ecosystem. By locking their ELAND tokens, participants actively reduce circulating supply, creating natural deflationary pressure that supports token value appreciation. The program offers a competitive 12.5% APR, striking a balance between attractive returns and sustainable token economics.
🎯 Target APR
12.5%
🔐 Locking Period
From 1 month to 1 year
💵 Payout Interval
Weekly
Liquidity Providing
Our liquidity provision program encourages market traders to provide ELAND trading liquidity across our multi-chain architecture. Starting with Polygon and our QuickSwap trading pair, the program expands to additional networks as they mature their DID and zero-knowledge proof capabilities. Liquidity providers earn proportional rewards based on their stake value and the trading pair's monthly volume, with enhanced returns for longer lock-up commitments ranging from one month to one year.
🎯 APR
Proportional to the value staked in the pair and the pair's monthly volume
📊 Percentage of Volume
1% of the pair's total volume will be added to the rewards and shared amongst providers
🔐 Locking Period
From 1 month to 1 year
💵 Payout Interval
Weekly
The DeFi offerings create natural deflationary pressure on circulating supply while providing utility that extends beyond simple holding. As more tokens enter staking and liquidity programs, the available supply for trading decreases, potentially amplifying the impact of our buyback mechanism while rewarding participants for their long-term commitment to the ecosystem.
The MyLegacy Contribute-to-Earn Model
MyLegacy represents Etherland's most innovative token utility implementation, transforming cultural heritage preservation from volunteer work into a sustainable economic activity through a sophisticated contribute-to-earn model. The platform operates on a revolutionary revenue-sharing mechanism where contributors earn proportional compensation based on the quality and impact of their heritage documentation contributions.
The contribution framework establishes four distinct tiers of participation, each with specific point ranges and bonus multipliers. Basic information contributions earn 100-500 points, while unique contributions documenting previously unknown heritage sites can earn up to 3,000 points. The system rewards early contributors with 25-50% bonuses, encouraging rapid platform growth while recognizing pioneering participants who help establish the global heritage database.
Basic Information
100-500 points with early contributor bonuses up to +50%
Enhanced Documentation
250-750 points with verification bonuses of +15%
Specialized Research
500-1,500 points with correction bonuses of +20%
Unique Contributions
1,000-3,000 points with source enhancement bonuses up to +25%
The revenue distribution model creates sustainable incentives by allocating platform income across three categories. Premium subscriptions and one-time payments contribute 20% to platform operations, while distributing the majority to contributors—60% to the global pool, benefiting all participants, and 20% to monument-specific pools, rewarding those who document particular sites. This structure ensures that both broad participation and focused expertise receive appropriate compensation.
Quality assurance is implemented through a multi-layered verification system that combines automated AI validation with community-based peer review and expert academic verification for high-value contributions. This ensures that compensation aligns with the quality of contributions while maintaining the academic rigor necessary for credible heritage documentation. Dispute resolution mechanisms provide fair arbitration for contested content, protecting both contributor interests and platform integrity.
📊 Revenue Distribution
60% global pool, 20% monument-specific, 20% platform operations
🎯 Quality-Based Rewards
Sophisticated point system with bonuses for verification and uniqueness
🔍 Multi-Layer Validation
AI screening, peer review, and expert verification ensuring content quality
⚖️ Fair Dispute Resolution
Arbitration system protecting contributor rights and platform integrity
The contribute-to-earn model transforms MyLegacy from a simple documentation platform into a thriving digital economy where cultural preservation generates real economic value. Academic researchers can earn meaningful compensation for their expertise, local historians receive recognition and payment for their unique knowledge, and photography enthusiasts contribute to humanity's heritage while building sustainable income streams.
Impact Multiplier: The contribute-to-earn model creates network effects where each new contributor increases platform value for existing participants, accelerating both heritage preservation and token utility growth.
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