A buyback moves assets

A buyback spends one asset to acquire another. Inspect the swap, its actual input and output, and the receiving address. An approved budget or an engine countdown does not establish that a purchase happened.

Acquired tokens may remain in a treasury, be distributed, or be burned. Follow the next movement instead of assuming the intended destination.

A burn needs a supply check

In OpenZeppelin's ERC-20 implementation, burning destroys tokens and decreases total supply. A transfer to an address labelled dead does not by itself establish that the token contract reduced totalSupply.

Check the implementation, successful receipt, relevant events, and supply change. One confirmed burn supports that event; it does not verify every historical buyback or the source of all funding.

Separate mechanics from outcomes

Reducing supply does not determine the next market price. Demand, sell orders, available liquidity, and future issuance still matter. A schedule also depends on the executor, available funds, and transaction success. Evaluate these conditions alongside the burn count.