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๐Ÿ”ฅBuy & Burn

How Buy & Burn works.

Revenue Based Buy & Burn System

BitBet dedicates a portion of its daily revenue to the buyback and subsequent burning of its tokens, creating a deflationary effect. As the platform's revenues increase, a larger number of tokens will be systematically purchased from the open market and then permanently removed by being sent to a designated burn address. This practice not only reduces the total supply of tokens but also supports the token's value over time.

We're committed to expanding this initiative as BitBet evolves. As new revenue streams are introduced, they too will be incorporated into both the buyback-and-burn mechanism and profit-sharing programs.

Here's the current breakdown of revenue allocation for buybacks and burns across our diverse product range:

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Buy and burn (%) diagram

This strategy ensures that as BitBet grows, so does the value it delivers to its token holders, reinforcing our ecosystem's strength and sustainability.

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