> For the complete documentation index, see [llms.txt](https://prospect-labs.gitbook.io/prospect/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://prospect-labs.gitbook.io/prospect/usdchamp/token-design/buybacks.md).

# Buybacks

The Afterburner contract enables protocols to utilize their earned fees for leveraged buybacks. The contract takes the fees and uses them to purchase $CHAMP; it then continuously borrows the floor to purchase more $CHAMP until it runs out of capacity, pushing up the market price. Finally, it defaults on that loan, removing the earlier-bought $CHAMP from the circulating supply without impacting the market. Essentially an automated buyback and burn function. The Afterburner contract is triggered every 5 minutes.