Planet ReFi - Whitepaper
  • πŸ“„Whitepaper
    • 🌎Introduction
    • πŸ”ΉPartnership #1 - β€œJoin the Planet” RWA (JTP RWA)
    • βš™οΈ$PLANET Ecosystem & Token Utilities
      • The Inauguration of Unique RWAs
      • The Planet ReFi Mystery Box Collection
      • Reward Distribution to HOLDERS
      • Discounts, Early Access & Exclusive NFT Whitelists
      • Buy Back & Burn
      • Exclusive NFTs
      • PLANET DAO
      • Support for Global Causes
      • Ecosystem Fund & Investments
    • 😁Our Community - The Planeteers
    • 🀝Partnership Highlights
    • πŸͺ™Tokenomics
    • πŸ”Certik Audit
    • πŸ“±Interactive App
    • πŸš€Our Next Steps
    • πŸ’­Final Thoughts
  • πŸ”—Links
    • Website
    • Twitter
    • Telegram
    • Instagram
    • Linktree
Powered by GitBook
On this page
  1. Whitepaper
  2. $PLANET Ecosystem & Token Utilities

Buy Back & Burn

Through a carefully crafted strategy of continuous buyback and burning initiatives, Planet ReFi aims to systematically reduce the supply of $PLANET token creating scarcity and benefiting its holders both directly and indirectly.

Continuous buyback and burning initiatives bring forth a variety of benefits that resonate with both the platform and its community. First, scarcity and exclusivity are created as the supply of $PLANET is systematically reduced. Second, the tokenomics of $PLANET are enhanced through the reduction of circulating supply. The platform could potentially maintain long-term stability by controlling token burning and ensuring steady demand.

So far Planet ReFi has bought back and permanently burnt a staggering 3.6 billion $PLANET tokens. This strategic move, driven by a commitment to sustainable growth and value enhancement, signals the project's unwavering belief in its long-term success.

PreviousDiscounts, Early Access & Exclusive NFT WhitelistsNextExclusive NFTs

Last updated 1 year ago

πŸ“„
βš™οΈ