Call for ideas: how to increase the value of ANC?

[Kram]

Post prop-44, since there will be a tremendous boost in swap fees (and as Do states a potential 5x increase in LUNA staking returns), won’t this free up the protocol and allow a solid increase to the ANC purchase factor to potentially a 20-30% level ?

Two questions trying to understand ANC buybacks

Essentially 10% (ANC Purchase Factor) of whatever goes to the yield reserve is used to buyback ANC. Reserve Factor is actually a deprecated parameter - I should get this removed from the docs. As for the excess yield → all excess yield is sent to the yield reserve, 10% (ANC Purchase Factor) of which is used to buyback ANC.