> For the complete documentation index, see [llms.txt](https://privateness-network.gitbook.io/privateness-network/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://privateness-network.gitbook.io/privateness-network/tokenomics/tokenomics-nch/nch-buyback.md).

# NCH buyback

Concerning the NESS v1 --> NESS v2 fork

![NCH Buyback plan](https://3618766406-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2F2jO9IzyAVKPfOCFzi1gi%2Fuploads%2FdItQ5rEBzpMVCgVFVI4H%2FNESS-buyback-ratio-1-1024x910.png?alt=media\&token=1d182c36-25e5-4ee0-978f-df9636dee810)

We have set the initial buyback ratio of NCH:NESS to 200.000:1. This means that for every 200.000 NCH 1.0 you will receive 1 NESS. However this ratio decreases every two weeks once the program has started. The buyback program ends after the 12th week.

<mark style="color:green;">-> You can revisit your NCH holdings on the old blockchain if you set your mobile wallet's node URL to:</mark> [<mark style="color:green;">http://v1.privateness.network</mark>](http://v1.privateness.network)

Since the current NESS Coin Hours can not be ported onto the new chain, we have set a ratio NCH/NESS and conduct a buy back from NCH owners. This will be the first ‘swap back’ of Coin Hours in history.

```
1st and 2nd week: 200.000:1   (100% of the ratio)
3rd and 4th week: 285.714:1   (70% of the ratio)
5th and 6th week: 500.000:1   (40% of the ratio)
7th and 8th week: 1.000.000:1   (20% of the ratio)
9th and 10th week: 2.000.000:1   (10% of the ratio)
11th and 12th week: 4.000.000:1   (5% of the ratio)
```