# MIP-016: Q2 Fee Buyback Continuation **URL:** \ **Category:** Proposal Forum\ **Created:** [April 24, 2025, 4:35pm UTC](https://community.maple.finance/t/mip-016-q2-fee-buyback-continuation/377 "2025-04-24T16:35:41Z")\ **Posts on this page:** 1\ **Showing post:** 5
**Author:** ![bellonoff](https://yyz2.discourse-cdn.com/flex036/user_avatar/community.maple.finance/bellonoff/32/98_2.png) [@bellonoff](https://community.maple.finance/u/bellonoff)\ **Post date:** [May 1, 2025, 5:22pm UTC](https://community.maple.finance/t/mip-016-q2-fee-buyback-continuation/377/5 "2025-05-01T17:22:21Z")
With the regulatory progress in the US, protocols can now look to ensure that value creation accrues to token holders. Using protocol revenue for buy-and-burn achieves this, but think that buy-and-distribute can be more tailored in providing a explicit income stream for stakers, received in a tax efficient way (increasing stSYRUP : SYRUP ratio) that encourages holding rewards (as shown by @fatmac numbers) and staking (almost ~50% of SYRUP is currently staked). Also, in a scenario of exponential protocol revenue growth, buy-and-burn can result in a higher price per token, that can limit investor participation (and require the equivalent of a stock split, as it has been already done in the MPL to SYRUP conversion). Looking for a potential better use of that 20%, there was some discussion in the previous proposal on whether it made sense to start a buyback program before breakeven (see [here](https://community.maple.finance/t/mip-013-fee-buyback-mechanism/355/2)), but current outlook does look like it is around the corner. --- _[View the full topic](https://community.maple.finance/t/mip-016-q2-fee-buyback-continuation/377)._