HashPack blog

Introducing PACK Buybacks

Article by

Marc Ugas Reinon

Growing Together, One PACK at a Time

Today we are thrilled to pull back the curtain on a project we’ve been shaping for more than a year: dynamic PACK buybacks. Beginning this quarter, HashPack will actively buy back PACK from the open market, returning the tokens to long-term treasury accounts that power PackBack and staking rewards. Below we’ll break down why we’re doing this, why now, and exactly how the program will work.

Why Buybacks?

PACK was designed to be the connective tissue of Hedera: every swap on SaucerSwap, every NFT mint on SentX, every bridge transfer, every BONZO bid ultimately flows through the HashPack wallet. Because we serve ~95 % of Hedera’s monthly active users, we have unparalleled visibility into genuine network activity.

By linking buybacks to that activity, we create a simple feedback loop: more builders + more users → more network usage → larger PACK buybacks → deeper reward treasuries. The result is a healthier, more circular token economy that:

  1. Re-seeds reward pools. Bought-back PACK goes straight into PackBack and staking treasuries, keeping yields sustainable without flooding circulation.
  2. Aligns incentives. When any Hedera dApp gains traction, every PACK holder benefits automatically. Your success truly is our success.

Why Now?

We’ve talked about this for months, but regulatory clarity had to catch up. With the EU’s MiCA framework finalized and the U.S. market-structure bill advancing, we finally have guidelines we can embrace rather than guess around. Compliance isn’t a check-the-box exercise for us; it’s mission-critical. HashPack’s first job is to keep users safe, so we waited until we could structure buybacks in a way that is above-board in every jurisdiction where we operate.

That patience paid off. The legal path is clear, our reporting pipelines are battle-tested, and our treasury strategy now has the green light to move from theory to production.

How It Will Work:

  • Frequency & size. There’s no fixed calendar. Buybacks scale with on-chain activity: busier periods mean larger or more frequent purchases; quiet periods mean fewer. That keeps us perfectly in step with builders’ momentum.
  • Destination of funds. 100 % of the repurchased tokens are sent to the PackBack and staking treasury wallets—visible, auditable, and reserved exclusively for community rewards.
  • Stealth execution, transparent reporting. To protect market integrity, we won’t pre-announce exact timestamps or amounts. Instead, once a buyback is complete we’ll immediately:
    • Post a tweet with the total PACK repurchased.
    • Log the transaction hash and amount in a dedicated Discord channel for anyone who wants to verify on-chain.

Think of it as an automated flywheel: when Hedera hums, PACK buybacks accelerate, which in turn strengthens the reward engines that attract even more users and builders.

What This Means for Builders and Users:

  • Builders gain a direct ally in user acquisition. If you drive real traffic—whether it’s NFTs, DeFi, or bridges—you’re effectively boosting PACK’s reward pool, making the entire ecosystem more attractive.
  • Token holders benefit from reduced circulating supply and refreshed yields without any extra steps. Hold, earn, repeat.
  • Everyday users enjoy the same frictionless HashPack experience, now with a token economy that grows as fast as the network they’re exploring.

The Road Ahead

Our first buyback window opens later this month. Watch our Twitter feed and Discord for real-time confirmations, and feel free to ping us with questions—we’re committed to radical transparency.

Hedera’s momentum is undeniable, and PACK buybacks are our way of doubling down on that progress. On behalf of the entire HashPack team, thank you for helping us turn a vision of aligned incentives into a living, breathing mechanism. Here’s to building—together.

See you on-chain,
Marc Ugas Reinon
Director of Operations, HashPack

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