# Ember Vault : A buyback mechanism for $MET

**URL:** <https://proposals.meteora.ag/t/ember-vault-a-buyback-mechanism-for-met/2097>\
**Category:** Proposals\
**Created:** [May 16, 2025, 11:52pm UTC](https://proposals.meteora.ag/t/ember-vault-a-buyback-mechanism-for-met/2097 "2025-05-16T23:52:00Z")\
**Posts on this page:** 2\
**Page:** 1

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**Author:** ![0xRaptor](https://yyz1.discourse-cdn.com/flex011/user_avatar/proposals.meteora.ag/0xraptor/32/1069_2.png) [@0xRaptor](https://proposals.meteora.ag/u/0xRaptor)\
**Post date:** [May 16, 2025, 11:52pm UTC](https://proposals.meteora.ag/t/ember-vault-a-buyback-mechanism-for-met/2097/1 "2025-05-16T23:52:00Z")

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Gmet,

Following the Jupiter pawsteps, (Litterbox Trust) and after witnessing the Hyperliquid’s successful tokenomics, i’m proposing to create the **Ember Vault** , a strategic reserve and buyback mechanism for MET.

By doing this, MET becomes a solid, long term appreciating digital asset, backed by actual revenue.  
(Versus just another governance token)

- 50% of the protocol fees used to purchase MET daily on the open market

- Active from day one to lower sell pressure significantly on TGE

 ![50% Protocol fees](https://canada1.discourse-cdn.com/flex011/uploads/meteora/original/2X/0/02ad2a40e48e6bfd4a8d1000e941d1c273a92f13.png)

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**Author:** ![GREATNESS](https://yyz1.discourse-cdn.com/flex011/user_avatar/proposals.meteora.ag/greatness/32/1216_2.png) [@GREATNESS](https://proposals.meteora.ag/u/GREATNESS)\
**Post date:** [May 17, 2025, 1:33pm UTC](https://proposals.meteora.ag/t/ember-vault-a-buyback-mechanism-for-met/2097/2 "2025-05-17T13:33:35Z")

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It’s a good proposal but I think team already have the plan in place.
