🔥Buyback & Burn
Last updated
Last updated
0XDEV buyback initiative is done on a weekly basis.
30% of all revenues generated from deployment fees are used to buyback and burn 0XDEV tokens every week on Monday/Tuesday
12th Feb (Monday) https://x.com/ContractDevAi/status/1757042115014508739?s=20 5th Feb (Monday) https://x.com/ContractDevAi/status/1754568058717282417?s=20 30th Jan (Tuesday) https://x.com/ContractDevAi/status/1752219146555969863?s=20 22nd Jan (Monday) https://x.com/ContractDevAi/status/1749462185745449454?s=20 16th Jan (Tuesday) https://x.com/ContractDevAi/status/1747169972772557078?s=20 10th Jan (Wednesday) https://x.com/ContractDevAi/status/1745156033100595678?s=20
Updated as of 13th February 2024
Any raise on 0XPAD is paid a flat fee of 5% from the total raise amount, this amount will be used to buyback 0XDEV tokens to further boost the tokens ecosystem.
Examples on how much buyback to expect based on raises
| Total Raise | % for 0XDEV Buyback | Total Buyback |
|---|---|---|
1000 SOL | 5% (50 SOL) | $5,500 |
2500 SOL | 5% (125 SOL) | $13,750 |
5000 SOL | 5% (250 SOL) | $27,500 |