The SiloDAO generates revenue from multiple sources. We expect the annualized revenue to be somewhere between ~$300K-$500K in 2023, depending on market conditions.
We have started to claim revenues and deposit them in a Gnosis Safe controlled by the core team. We will use all realized revenue to buy back $SILO tokens directly from the SILO/ETH balancer pool, amounting to roughly $25,000–$35,000 buys every month.
Tokens purchased in the buyback program will be used to incentivize users for using the Silo protocol.