Buy & Burn - Price Stability
Last updated
Last updated
To ensure longterm price stability and growth we've committed to use 20% of all Casino, 30% of all Sportsbook & 25% of all Poker profits to buy back $BBETS Token.
5% of these buybacks will go towards one lucky presale participant - the winner of the 5% buyback raffle.
The other 95% will be burned. This ensures mitigation of potential sell-pressure in any case, and contributes to price stability.
Achieving deflationary tokenomics enables a gradual increase in long-term staking profitability, as the per-coin revenue share increases with consistent business revenue.