The Defiant discusses how buybacks and burns can be considered holder revenue, even if they don't directly transfer cash to wallets. The article provides a worked example to clarify the distinction between these flows, treasury income, and staking payouts.
AI-assisted source briefing. Based on the The Defiant report; not independently verified.
Source published: Sun, 01 Nov 2026 10:09:19 GMT
[Read the original report](https://thedefiant.io/news/defi/defi-fees-revenue-and-holder-payouts-how-the-money-flows)
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