avatar
TON Info English
@infotonen
21.11.2024 15:29
$SWITCH Buybacks and Burns After Listing

PocketFi is launching a quarterly buyback and burn program for the $SWITCH token after its listing. The team guarantees transparency: quarterly reports on the funds spent and tokens burned will be publicly available.

How does it work?
• 15% of all trading fees generated on the PocketFi and BigPump platforms are allocated to buy back $SWITCH tokens on the open market.
• All repurchased $SWITCH tokens are permanently burned, reducing the total number of tokens in circulation.

What does this mean for you?
• Deflationary Model: The continuous reduction of $SWITCH in circulation creates deflationary pressure, contributing to organic token price growth.
• Price Support: The buyback and burn program helps stabilize and support the $SWITCH price, protecting your investment.
• More Activity = More Burns! The more active the community is on the PocketFi and BigPump platforms, the more tokens will be bought back and burned, accelerating $SWITCH price growth.

If you'd like to support the editorial:
@pocketfi_bot
@pocketfi_bot
3
👍 3
❤‍🔥 2
4.3K

Обсуждение 0

Обсуждение не доступно в веб-версии. Чтобы написать комментарий, перейдите в приложение Telegram.

Обсудить в Telegram