ICYMI the Pump team just started buying back $PUMP on the open market With 33% of supply circulating, $PUMP holders are receiving daily buybacks of $538k (assuming 25% revenue share) based on 180-day trailing numbers. That's $196.6M annually flowing directly to token holders. Current valuation: $6B FDV / $2.12B market cap - Market Cap/Earnings: 10.78x (180D) - FDV/Earnings: 30.51x (180D) Peer comparison shows Pump trading at a discount: - $JUP: 14.17x MC/E, 32.33x FDV/E - $RAY: 13.09x MC/E, 27.08x FDV/E - $HYPE: 26.78x MC/E, 80.24x FDV/E