π₯ Buyback and Burn
Buyback and Burn: 25% of NGR for DRAFT Tokens. Starting January 2024
Draft is excited to announce a new strategy to support our ecosystem. Weβre dedicating 25% of total net gaming revenue (NGR) to buying back DRAFT tokens from the open market, which we'll then burn. This demonstrates our commitment to the growth of Draft.
Every Sunday, we'll purchase DRAFT tokens, creating a sustainable cycle that strengthens the tokenβs value as our ecosystem expands. As Draft thrives, so will the buyback and burn, leading to increased demand for DRAFT on secondary markets and more activity on the blockchain.
Weβre kicking off the DRAFT Buyback and Burn program in the first week of our launch. Stay tuned for more details on the specific pool and purchasing methods after the TGE.
All tokens acquired through the Buyback and Burn will be handled via the Draft.ETH address and sent to our designated burn address: 0x00000000000000000000000000000000000DRAFT *Starting January 2024
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