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5y
The minimum amount buy back seems reasonable, Hive-Engine when it comes to small amounts is pretty easy to use. One concern I would have is that I feel there should be a ceiling on the buy back also. When LBI are purchased even a small amount of investigation would show it is a Long term token.
By having the open buy back there is a risk of people using that function as a means of making LBI a short term investment. Any artificial decrease in the amount of investment power I feel would be a detriment to the earnings potential.
It works for SPI, because like you said SPI is a liquid pool with off chain assets.
RE: Starting to think about LBI token buy backs