π₯ Buyback and Burn
Draft is implementing an industry-leading token buyback and burn program that allocates a substantial % of our total net gaming revenue to purchase and permanently remove DRAFT tokens from circulation. This percentage exceeds industry standards, demonstrating our exceptional commitment to long-term token value.
Dual-Rate Strategy for Maximum Impact
Our program features an innovative dual-rate structure:
15% of non-DRAFT NGR dedicated to buybacks
30% of DRAFT NGR allocated to buybacks
Monthly Transparent Execution
On the last Sunday of each month at 14:00 UTC, we execute our buyback operations. Unlike competitors with delayed programs, our buyback and burn initiative launches right away following our Token Generation Event, with our first execution scheduled for Sunday April 5, 2025.
All buyback transactions will be:
Conducted through our official Draft.ETH address
Publicly verifiable in real-time on-chain
Tracked through an intuitive dashboard on our platform
Reported in weekly updates across our social channels
Permanent Supply Reduction
Every purchased token will be sent to our designated burn address:
0x00000000000000000000000000000000000DRAFT
These tokens are permanently removed from circulation, effectively reducing the total supply over time and potentially increasing the value of remaining tokens in circulation.
Program officially commences April 2025
Last updated