MetaverseX
  • Introduction
  • Inspiration
  • Mission
  • Roadmap
  • The Gameplay
    • Career
    • Arms
    • Game Modes
    • Marketplace
  • ECOSYSTEM
    • NFT Ecosystem
      • True Interoperability
      • NFT Creator
      • Game Publisher
      • NFT Market
    • Asset Portfolio Manage
    • Security (mitigating risks)
  • Community
    • Participation Rewards
    • Metaverse Social
    • Achievement System
  • Tokeneconomics
    • Metax Token
    • Buyback and Burn
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  1. Tokeneconomics

Buyback and Burn

To ensure full transparency, Metaverse team has developed an auto buyback and burn feature that is fully controlled by Smart Contracts.

80% of all profits across the platform is directed into an "auto buyback and burn" pool consisting of BNB. The smart contracts will constantly check the average FAIR price in the past 72 hours. Whenever the price falls below the 72 hour average price the smart contract will be triggered to swap the funds in the pool for FAIR tokens at a random time.

PreviousMetax Token

Last updated 3 years ago

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