Buyback & Burn
The buyback & burn mechanism has proven to be effective in web3 business models.
Simply, a portion of revenue goes towards buying the token and then burning it.
What this does is:
- Creates liquidity (more USDT is added to the liquidity pool on a DEX)
- Decreases supply (the AFFI purchased with the USDT is then burned)
The more a project generates in revenue, the more liquidity it’ll have.
For Affi Network, 50% of all subscription revenue goes toward buyback-and-burn.
This allows us to create a positive return for our community, not having to rely on speculators, pump and dump schemes, and such, but instead: fundamentals.
We’re building an awesome product and aiming to one day support 100k+ subscribers; generating $250M+ ARR and burning $125M+ annually.
The platform is built for scale and we’re co-building it with our community!
Our buyback & burn mechanism goes live very very soon. Let’s burn some $AFFI!