FWAkeonomics

Diagnostics appear after the first update.

• The depth chart refreshes every 30 seconds while this tab is visible; buyback totals every 2 minutes; the 7-day valuation every 10 minutes. Data comes from a pool of free public RPCs that are health-checked and rotated automatically; the site's Infura key is used first for buyback history (quick reads go to free nodes to save its quota), and a personal RPC URL, if set, comes before both. Answers from free nodes are confirmed by a second node before they're saved.
• Buy side is ETH sitting below the current price in concentrated-liquidity ranges. Sell side is FWA above the current price, shown as the ETH it would take to buy it all.
• Fee buybacks: ETH from protocol fees that the buyback contract spent on FWA (its fee share, not total fees), then split between burns and rewards. The arrow compares with the 24 hours before.
• Price reach: how far the day's buybacks would move the price if spent at once through today's sell side. The same level is the dashed marker on the chart.
• Implied fees: buybacks ÷ the live buyback share. Rough, since buybacks lag fee payouts.
• Payout buys: winners taking payouts in FWA and reward token buys. Buy pressure, but not burned, so not in the fee buyback, burn or revenue numbers. Unspent now: ETH waiting in the buyback contract, normally near zero; a build-up means buybacks stalled.
• Staking: FWA staked for sFWA (1:1 so far) in the staking contract, used to vote on which collections are added to or removed from the pool. Unstaking has a 3-day cooldown; "Unstaking queue" is FWA requested but not yet withdrawn. Voting epochs last 3 days and a change needs 20% of active stake. "Fees to stakers" is ETH the staking contract distributes to the last epoch's voters; non-voters' share buys and burns FWA.
• Revenue multiple: market cap ÷ (last 7 days of protocol revenue × 52). Revenue is implied from buybacks ÷ the buyback share, read live from the main pool's protocolFeeToTokenBps setting (80% assumed if it can't be read). It covers protocol cuts only, not the separate 1% FWA trading fee. Market cap is price × current total supply. Buyback yield is a year of buybacks at this pace ÷ market cap.
• Burned all time: 1B launch supply minus current supply, plus anything sent to 0xdead.
• Buybacks are swaps made by FWAV2Buyback, or transactions where the pool sends FWA to it. Payout buys are swaps sent by the main pool, rewards, token or Punk lister contracts, such as the rewards contract buying FWA for winners taking their payout in FWA; these aren't burned and aren't counted as buybacks.
• The main FWA/ETH pool is Uniswap v4 with a hook that takes a fee on swaps; that fee is not modeled.
• FWA uses a display multiplier on Etherscan, so token counts shown elsewhere may not match raw on-chain amounts. Token counts here are raw on-chain amounts.