Basebet employs a strategic buyback and burn model to ensure the long-term value and sustainability of $BBT. This mechanism reduces the circulating supply over time, creating deflationary pressure while supporting token stability.
How This Works
๐ฐ 10% of Basebetโs profits are allocated to liquidityโuntil it reaches $1 million.
๐ฅ After the liquidity pool hits $1M, 10% of profits will go directly to buybacks & burns.
Phase 1: Liquidity Growth(Current Stage)
๐น Until the liquidity pool reaches $1M, 10% of Basebet's profits will be used to strengthen $BBT liquidity.
๐น A deep liquidity pool ensures better price stability & smoother trading conditions.
๐น Once the liquidity pool surpasses $1M, the 10% allocation transitions fully to buybacks & burns.
๐น This creates sustained deflationary pressureโreducing circulating supply over time.
How Buyback & Burns Work
1๏ธโฃ Revenue Allocation: A portion of casino & sportsbook profits funds buybacks.
2๏ธโฃ BBT Buyback: Basebet repurchases $BBT from the open market, removing tokens from circulation.
3๏ธโฃ Token Burns: Bought-back tokens are permanently burned, decreasing supply.
4๏ธโฃ Increased Value: As the total supply shrinks, scarcity drives long-term value growth.
By progressively strengthening liquidity and transitioning to a full buyback & burn model, Basebet ensures a robust and deflationary $BBT economy.