Agree with @Jonezee in not doing automatic buyback
Although there may be a middle ground, where x% of fees goes toward buy/burn.
Capital allocation should be a balance between (a) retention for growth, (b) dividends and (c) buybacks.
The launch of v2 is a great opportunity to begin rethinking our capital allocation priorities, which is why I am in favor of the desire for (a) in the “GMX v2: sustainable development” thread as well as adding the wrinkle of using any excess for (c) buybacks.