UPDATE · 11 JUNE 2026

A day later the advertised sell price climbed again, from $0.03 to $0.05, with an official FAQ now stating the payout is "USDT, Single USDT Payment," offer "ending Monday 6PM UTC." The dashboard gap only widened. Steven Boswell: "I have 283.8 million to sell back but will only get 56.77k? That amount should be 11.3m" (an effective price near $0.0002). Thomas: "I bought 130m coins and sold for 0.04 but said 32k usdt, calculations should be 5m." More seriously, one holder reported a sale that took the coins and paid nothing: "I received the confirmation. It didn't arrive at its destination. It didn't generate a hash and was deducted from my balance." The price ladder is now $0.001, $0.01, $0.02, $0.005, $0.00025, $0.01, $0.03, $0.05, climbing while the effective dashboard price stays near zero. As one holder asked: "the buyback price keeps increasing, where's that money coming from?"

A price you are shown on a banner and a price your dashboard will actually pay are two different numbers. On June 10 the gap between them, in BlockDAG's buyback, was about two hundred to one.

The headline: "SELL at $0.03"

The official channel opened June 10 with another countdown, the same Legacy Sale wearing a fresh clock:

"FINAL 24 HOURS. Buy BDAG $0.00000044. Sell BDAG $0.03. Direct Swap live. 24 hours only." — BlockDAG official channel, June 10, 2026, 00:10 UTC.

Three days earlier the sell figure was $0.01. Now it is $0.03. The "buyback price" has, by the project's own posts, been $0.001, $0.01, $0.02, $0.005, $0.00025, back to $0.01, and now $0.03. A real buyback names one price and holds it. This one is a marquee that changes by the day.

The dashboard: holders report about $0.00015

The more concrete problem is that the $0.03 on the banner is not the number holders say appears when they actually try to sell. İbrahim, June 10 at 01:04 UTC:

"Buybacks are not being made at prices of 0.30-0.01, but at 0.00015 per unit (BDAG). Is there any explanation for this?" — Community member İbrahim, June 10, 2026, 01:04 UTC.

Another holder did the division out loud the same morning: "How are 320 million tokens at a buyback price of $0.03 only $50K?" The arithmetic answers itself. 320 million BDAG at the advertised $0.03 would be $9.6 million. A dashboard value of $50,000 implies an effective price of roughly $0.00015, about two hundred times below the headline. This is the "compression" holders keep describing: the dashboard shows a large coin count, then values it at a tiny fraction of the advertised rate.

The bigger problem: the obligations may have passed the funds

On June 8 we documented that the buyback wallets are real and hold roughly $68.5 million on chain. On June 10, community members began reporting that the deposits sent in have now exceeded that figure. Darren Frost, 09:08 UTC:

"Today the value of the buy back liquidity wallets 1 to 4 has been exceeded by the buyback volume committed by investors. What is the plan, will buy back close, further funds committed or restrictions per investor imposed?" — Community member Darren Frost, June 10, 2026, 09:08 UTC.

Debin PT, 06:01 UTC: "Why are they still receiving deposits at the buyback address even though it has surpassed $68 million? How do you think it will be distributed later?" The direct-send wallet alone is reported to hold roughly 5.94 billion BDAG. Even valued at the project's own lowest direct-send rate, the deposits represent a claim on funds; valued at the advertised $0.02 to $0.03, they dwarf the $68.5 million many times over. The community's own infographic on the program states the principle plainly: a buyback's commitments should never exceed the funds available to satisfy them.

What we cannot confirm, stated plainly

Two caveats, because being precise is the point of this site. First, the "obligations have passed the liquidity" claim is a community calculation drawn from on-chain wallet balances and the advertised prices, not an official disclosure from BlockDAG. The project has not published the total committed volume or the buyback budget. Second, one community member, Debin PT, argues the four wallets are not dedicated buyback wallets at all but pre-existing exchange-liquidity wallets that "existed long before the buyback." If that is correct, it does not help the project; it means even less may be specifically earmarked to pay buyback claims. Either reading lands in the same place: the money visibly set aside is not obviously enough to honour what has been advertised.

And you still cannot reliably claim

Underneath all of this, the claim system is still failing, and on June 10 it got a worse symptom. Some holders now report coins marked "claimed" that never arrive. G V, 01:53 UTC: "I claimed my coins, it showed me the try again error in red, it didn't give me the coins but it says I already claimed them." Another holder, 02:21 UTC: "I attempt to claim my batch 4 token, dashboard shows claimed but never appears in my wallet." A claim that marks your tokens spent without delivering them is the worst version of this failure.

The same 320M BDAG, two prices

BasisValue of 320M BDAG
Advertised "$0.03"$9,600,000
Dashboard (holder-reported ~$0.00015)about $50,000
Gaproughly 200x

What we are watching next

Three checkable things. First: whether BlockDAG publishes the total committed buyback volume and the budget, so the obligation and the funds can be compared from official figures rather than community estimates. Second: whether the dashboard sell price is reconciled with the advertised $0.03, or whether the ~$0.00015 effective price stands. Third: whether the October 1 payout arrives, in USDT, for anyone. As always, if it does, we will post it.

The advice is unchanged. Do not value your position at the banner price; value it at what the dashboard will actually pay. Screenshot the advertised price and your dashboard quote side by side. The gap between those two images is the story.

We update every story when new evidence lands. The $68M buyback wallets · The claim that fails · The circular buyback · Is BlockDAG a scam?

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