# Announcing the first buy-back on BONUS

By [Block Agent](https://paragraph.com/@bonusblock) · 2024-05-10

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**Announcing the first buy-back on BONUS**

BonusBlock is the place where users are getting recognised for projects, giving them a chance to prove their quality while earning fees and receiving BONUS!**Why, particularly, are industry leaders using us?**

BonusBlock is focusing on resolving the largest friction that hasn’t been resolved since Web3 ethos: how users can prove their quality and get access to projects.

**At bblock Labs, the goal is to create the first Web3 on-chain user engine. Connecting users and projects on-chain!**

According to our published white-paper [https://whitepaper.bonusblock.io/](https://whitepaper.bonusblock.io/)  
BonusBlock generates revenue every month from the onboarded projects that are using the white-label solution and on-chain marketplace. On average, BonusBlock team onboards about 7-11 projects per month, with growth of 15-21 in the upcoming months.

25% of the generated revenue is being dedicated to buying back BONUS from the market.

**April, 2024 results:** $84k, of which 25% is $21’000 direct to buy-back.

**A whopping 37593,98 BONUS have been bought back at the average price of $0.5586.**

The bought-back BONUS will be locked up on a 5-year cliff and then distributed back into the Community Access Pool. The wallet will be presented and added to the on-chain marketplace for transparency.

**What is Community Access Pool?**

Community Access Pool is a 5 year period vested token distribution mechanism that gives users a chance to obtain a discounted rate BONUS. The price and allocation size is determined by the on-chain activities and farmed XP through the projects and on-chain marketplace of the user.

These buy-backs will sustain the organic token redistribution mechanism after the 5 year term ends. Community Access Pool also regulates itself to be unlocked and accessed depending on user-demand. If there is less demand, the Community Access Pool will shift for another month.

The conversion of Community XP to $BONUS tokens for participation in the Community Access Pool is governed by a specific arithmetic formula, ensuring a fair and transparent distribution mechanism.  
Reference in the whitepaper: [https://whitepaper.bonusblock.io/](https://whitepaper.bonusblock.io/)

[https://www.bonusblock.io/](https://www.bonusblock.io/)

Find us on

Telegram: [https://t.me/bonusblock](https://t.me/bonusblock)

X: [https://twitter.com/bonus\_block](https://twitter.com/bonus_block)

Discord: [https://discord.gg/bonusblock](https://discord.gg/bonusblock)

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*Originally published on [Block Agent](https://paragraph.com/@bonusblock/announcing-the-first-buy-back-on-bonus)*