đBuybacks & Burning
VolumeX is committed to a long-term sustainable ecosystem for the $VOLX token and our investors. A key element of this strategy is our Token Buyback & Burn program.
How It Works
50% of fees from both bots will be go to buybacks and burn of $VOLX on a weekly basis.
Revenue Source: A portion of the fees (50%) collected from users for the operation of both VolumeX Bot and SolanaHoldersX Bot will be allocated towards this program.
Weekly Buybacks: 50% of the total bot revenue will be used to buy back $VOLX tokens weekly.
Regular Burns: The purchased $VOLX tokens will then be permanently removed from circulation through burning.
Benefits for VOLX Holders
By reducing the total supply of $VOLX tokens, buybacks and burns can help to increase the value of each remaining token for holders.
A reduced supply of tokens can contribute to greater price stability over time.
This strategy shows our commitment to the long-term health and value of the $VOLX token and the VolumeX ecosystem. Also, all buyback and burn transactions will be publicly verifiable on the blockchain, ensuring complete transparency for our community.
We believe this Token Buyback & Burn program will play a vital role in creating a strong foundation for the future growth and success of VolumeX.
Last updated