Protocol revenue converted into continuous market buybacks and supply reduction.

The Recursive Buyback Engine (RBE) converts 100% of Nami's net protocol revenue into recurring market buybacks and permanent supply reduction.

The RBE allocates net protocol revenue across two buyback paths:

95% is used to buy NAMI from the market and lock it into Infinite veNAMI, permanently removing the underlying NAMI from circulating supply.

5% is used to buy ogNAMI from the market and burn it permanently.

The resulting Infinite veNAMI position is then used by Nami Relayer to participate in protocol voting.

Voting rewards generated by the position are recycled back into the RBE, where they fund additional buybacks.

This creates a recursive economic loop in which protocol activity generates revenue, revenue creates market demand, and the resulting Infinite veNAMI position generate additional rewards that are recycled back into the engine.

RBE Revenue Sources

The Recursive Buyback Engine aggregates 100% of net protocol revenue generated across the Nami ecosystem.

RBE Revenue Sources table: MEV-X Plugin — revenue generated by the protocol's internal Nami's MEV-X and arbitrage infrastructure.
Automation — Nami Relayer fees.
Lending — Nami Credit fees.
NFT Marketplace — Marketplace fees.
RBE veNAMI Position — voting rewards generated by the position.
OmniSwap — revenue shared by integrated providers. Six sources feed the Recursive Buyback Engine: veNAMI TGE, MEV-X Plugin, Nami Relayer Fees, Nami Credit Fees, Marketplace Fees, and OmniSwap.
Recursive Buyback Engine splits into two paths.
95% path: Buy NAMI → Lock into Infinite veNAMI → Protocol Voting via Nami Relayer → Voting Rewards → loops back into the Recursive Buyback Engine.
5% path: Buy ogNAMI → Burn. This path does not loop back.

Nami's net revenue is recycled into recurring buy pressure, permanent supply reduction and protocol-owned voting power, creating a direct economic connection between protocol usage, generated fees and the Nami token system.