🔥$BBT Buyback and Burn Mechanism

To ensure the long-term value and sustainability of $BBT, Basebet employs a buyback and burn mechanism.

This process is designed to reduce the circulating supply of $BBT over time, creating deflationary pressure that increases the token's scarcity and value.

Deflationary Mechanics

Basebet allocates 20% of its monthly platform profits to support the $BBT token.

These funds are distributed across three core initiatives:

• Buyback and Burn (15%): 15% of profits are used to repurchase $BBT tokens from the open market, which are then permanently burned, reducing the total supply and increasing token scarcity.

• Liquidity Provision (3%): 3% of profits are directed toward providing liquidity for $BBT. Once the liquidity is established, it is locked and burned, tightening the token's circulating supply and stabilizing the market.

• Staking Rewards (2%): 2% of profits are allocated to replenish the staking rewards pool to ensure the staking program remains competitive and offers attractive rewards over time.

How the Buyback and Burn Cycle Works:

• Revenue Allocation: A portion of revenue from platform activities like gaming and sports betting is dedicated to the buyback fund.

• Buyback: Basebet uses this fund to repurchase $BBT tokens from the market, removing them from circulation.

• Burning: Tokens are burned after repurchase, permanently reducing the supply and creating deflationary pressure.

• Value Increase: As the supply of $BBT decreases, demand continues to grow due to platform utility.