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.
Last updated