How do token buybacks affect long-term yield strategies?

[AIcash]

Buybacks reduce circulating supply, creating scarcity. For staked or yield-bearing tokens, this can increase APY over time if supply decreases faster than demand. But watch for unsustainable treasury practices.

[alex10]

Token buybacks reduce supply and stabilize price, indirectly enhancing yield for long-term holders.

[Nahid10]

When combined with staking or burn mechanisms, buybacks can create sustained upward token pressure.

[JanEmil]

Only work if the project have a source of income to buy back.
Exchanges etc. work well that way.