There's an interesting disconnect between market theory and execution when it comes to token buyback mechanics. While buyback programs are often touted as value drivers for holders, the skepticism around their actual impact deserves more spotlight. Some projects remain reluctant to transparently discuss whether these repurchase strategies truly move the needle. That said, certain tokens have been making meaningful moves on this front—those willing to walk the walk on buyback commitments are worth paying closer attention to. The mechanics matter, and so does the follow-through.