Buyback & burn.

How half of Kurvo's protocol fees and 20% of the $KURV creator fees buy $KURV on the market and burn it, and how to verify it on-chain.

$KURV is Kurvo's token. Half of Kurvo's protocol fees and part of the $KURV creator fees are used to buy $KURV on the open market and burn it, so the supply only goes down.

Trading

swaps through Kurvo ladders · $KURV on Pons

50% of protocol fees · 20% of creator fees

BuybackBurner

splits fees · no owner, no withdraw

execute() · market buy

$KURV

bought on the open market

burn()

Burned

total supply goes down

Total $KURV supplyillustrative

More volume → more fees → more $KURV bought and burned

The loop: trading pays fees, fees buy $KURV, bought $KURV is burned.

Where the money comes from

Source	Amount	Paid in
Kurvo protocol fee	50% of the 3% fee taken on every ladder's LP fees, on claim and on close (details)	The pool's two tokens
$KURV creator fees	20% of the creator fees Kurvo earns on every $KURV trade on Pons	ETH

Half of the protocol fee and 20% of the creator fees go to the buyback; the rest funds the Kurvo treasury. Nothing is taken from deposits: the buyback grows with real trading volume, on Kurvo and on $KURV itself.

How much gets burned

Pick a market cap and a daily volume: the table shows how much $KURV the buyback would burn. Your volume is highlighted among the reference levels.

$KURV market cap

1 $KURV ≈ $0.00100 · supply 1.00B

Your daily Pons volume

Buys + sells of $KURV per day. Try 750k or 2m.Kurvo ladder LP fees per day

Optional: fees earned by all ladders. Half of the 3% protocol fee also buys back.

Daily volume	Creator fees / day	Buyback / day	Burned / day	Burned / month	Supply / year
$50K	$1.2K	$233	225.2K	6.76M	8.22%
$250K	$5.8K	$1.2K	1.13M	33.79M	41%
$500KYours	$12K	$2.3K	2.25M	67.57M	82%
$1.0M	$23K	$4.7K	4.50M	135.14M	> 100%
$5.0M	$117K	$23K	22.52M	675.72M	> 100%
$20M	$466K	$93K	90.10M	> supply	> 100%

Estimate at a constant price (in practice, buying that much would push the price up and burn fewer tokens): creator fees are 2.33% of volume, 20% of them buy back, and each buyback pays 3.33% in Pons fees. Real burns depend on the price at each buy, price impact and when Pons pays the fees out. Not a forecast.

How a buyback works

Buybacks are run by a small public contract, KurvoBuybackBurner. It receives the fees, keeps the buyback share, and can only do one thing with it: buy $KURV and burn it.

Fees arrive
20% of the $KURV creator fees and half of Kurvo's 3% protocol fee are sent to the burner. Any ETH sent to it by a wallet goes 100% to the buyback.
Split
The contract splits each payment by where it comes from and pays the treasury its share. The split is written in the code and can't be changed.
Buy
The Kurvo team runs execute() in batches (the function is public, so anyone can check or call it). It buys $KURV with the buyback share on the $KURV Uniswap V4 pool, like any trader would.
Burn
Everything it bought is burned in the same transaction: totalSupply() goes down for good, and a Burned event records the ETH spent and the $KURV destroyed.

The split, in code

Money received from	Buyback & burn	Kurvo treasury
Pons fee escrow ($KURV creator fees)	20%	80%
Anyone else, including the protocol treasury's half of the 3% fee	100%	0%

Kurvo's protocol fees arrive in the pools' tokens (ETH, USDG, NVDA…), so the protocol treasury converts half of them and sends the ETH to the burner, where it is 100% buyback. The contract can also split fees sent to it directly by the ladder contracts (50/50), if they are ever pointed at it.

Safeguards

No owner, no withdraw. Nobody can take the buyback share out of the contract, and $KURV can only leave it by being burned.
Small batches. Each run spends at most 0.02 ETH; the team runs as many as needed. Whatever doesn't fit waits for the next run.
Price-impact cap. A buy stops before it moves the $KURV price more than a fixed percentage, so the buyback can't be used to push the price around.
Every limit is public. maxEthPerRun, minInterval and maxImpactBps are fixed at deployment and readable on the contract.

Timeline

Before graduation, $KURV traded on the Pons bonding curve. 20% of the creator fees earned then go to the burner from the creator wallet, in batches.
Since graduation, the burner is live on the $KURV Uniswap V4 pool. The first buyback burned 860,918$KURV for 0.02 ETH (transaction (opens in a new tab)).
Pons pays on its own schedule. After graduation, Pons moves the creator fees to its escrow periodically, so creator-fee buybacks come in batches.

Protocol fees so far

Fees claimed by LPs

Net of the protocol fee, priced at the payout block

Protocol fees

3% of LP fees, sent to the treasury

Loading live stats…

Verify it yourself

Buyback contract: 0x658d…5a30
Previous buyback contract: 0x0174…6903
$KURV contract: 0xda49…5af2
Protocol treasury (Kurvo fees): 0x109c…6A02
Creator wallet (Pons fees): 0x4c57…D6e6
Burns: Burned events on the buyback contract, and totalBurned()
Supply: totalSupply() on the $KURV contract, down after every burn

Launch facts

Fair launch on Pons. $KURV starts on a Pons bonding curve, then moves to a Uniswap V4 pool whose liquidity Pons locks for good. Nobody, including the team, can pull it.
No team allocation. The team gets no reserved tokens. Anyone who holds $KURV bought it on the market.
Plain ERC-20. No transfer tax, no blacklist, no owner. The only extra function is burn.

What $KURV is not

$KURV is not a share of Kurvo and gives no claim on its revenue. Buybacks depend on trading volume, can be small, and don't guarantee any price. Kurvo's contracts, the buyback contract included, are not audited yet; read the risks.