# Example of Buyback Program at work

Before we show Buyback Protection Program at work, there are some concepts we need to clarify first:

{% hint style="info" %}
**Buyback Valid Time:** Time during which users may use Buy Back Program (provided Impossible Finance has triggered it).

**Buyback Trigger Price:** Buyback Protection Program will only be activated if the Token Market Price is at or below the Buyback Trigger Price.

**Buyback Price:** Price at which the users who opt for the program can sell back to the project.
{% endhint %}

Now that we understand what these concepts are, let's look at the table below, which refers to the **Buyback Program** of one of our recent IDOs: *Aura Network*.

<figure><img src="https://2070884675-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2F-Mblc6q3YEdwqoZdnD_v%2Fuploads%2F1LGc2PXCdTOuctwtUV1g%2Fimage.png?alt=media&#x26;token=ade1b719-54ef-46f8-a852-ad872a935465" alt=""><figcaption><p>Buyback Program Details for Aura Network IDO</p></figcaption></figure>

So, for users to be able to take advantage of our *Aura Network* Buyback Program, **3 rules** must be respected:

* Market Price must be equal or below **Buyback Trigger Price**.
* User must request the Buyback during **Buyback Valid Time**.
* User must never have sold any Aura tokens.

If all 3 rules are respected, then the Buyback Program can be used by willing users, who can then sell their tokens at the price of US $0.045, minimizing their downside to a maximum of approximately 30%.

3 examples of this can be seen below:

#### Example 1

1. User buys 100 AURA tokens at the price of US$0.065
2. User **never** sells their tokens & the price of the AURA is US$0.039 (price fell 40% from IDO)
3. User **is able** to use Buyback Program, only losing 30% avoids losing an additional 10% because they are protected.

#### Example 2

1. User buys 100 AURA tokens at the price of US$0.065
2. User **never** sells their tokens & the lowest price of the AURA is **US$0.050**
3. User is **not** able to use Buyback Program because the **Buyback Trigger Price** is never reached

#### Example 3

1. User buys 100 AURA tokens at the price of US$0.065.
2. User **sells 50 tokens** at US$0.090 & but then price dips to US$0.030, triggering **Buyback Trigger Price**.
3. User is **not** able to use Buyback Program because **he sold part of his tokens**.