# Buybacks All the profit generated from Flare DAO's veLFNTY and all royalties from secondary marketplaces (5%) are used to buy back Flares by placing bids on Tensor at the floor price. Flares also have a secondary buyback mechanism. If they ever fall below 50% of their mint price, they are bought back with the pooled funds (as opposed to profit generated). This mechanism has not yet been used. Flares that have been bought back are governed by Flare holders; they can collectively choose to do with them as they please. --- # Agent Instructions: Querying This Documentation If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question. Perform an HTTP GET request on the current page URL with the `ask` query parameter: ``` GET https://docs.lifinity.io/flares/buybacks.md?ask= ``` The question should be specific, self-contained, and written in natural language. The response will contain a direct answer to the question and relevant excerpts and sources from the documentation. Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.