🔥Buy and Burn Initiative at Bull Run Bets
At Bull Run Bets, we're pioneering a dynamic strategy known as the 'Buy and Burn' process, instrumental in making our BRBC token a deflationary asset. This initiative is an integral part of our commitment to enhance value for our token holders and sustain our ecosystem's growth.
Here's an overview of how our Buy and Burn works:
Revenue Allocation: A dedicated portion of our daily earnings from our diverse verticals – the Casino, Crypto Futures, and Sportsbook – is allocated for the Buy and Burn initiative.
Deflationary Mechanism: Through this process, BRBC tokens are purchased from the market primarily via UniSwap on the Ethereum network and directly from Bullrunbets.io by an account named "BullyBuys" 🤖. The acquired BRBC tokens are then permanently 'burned', i.e., removed from circulation.
Scarcity and Value: As more BRBC tokens are consistently bought and burned, the overall supply diminishes. This reduction in supply inherently makes BRBC a deflationary cryptocurrency, potentially increasing its value over time as it becomes more scarce.
Revenue Dashboard Transparency: Our Bull Run Bets Revenue Dashboard displays detailed BRBC burn statistics. This on-chain burn process is automated and updated daily, ensuring transparency and allowing users to track the burn activities in real-time.
Inclusive Revenue Model: The Buy and Burn initiative encompasses revenue from all our business verticals, including the Casino, 1000x Crypto Futures, and Sportsbook, with the following revenue distribution:
1000x Crypto Futures: 60% Sportsbook: 40% Casino: 20%
Guaranteed Action: We guarantee the Buy and Burn process regardless of our daily profitability. This commitment underscores our dedication to consistently enhancing BRBC's value.
Rewarding Loyalty: A significant portion of the purchased BRBC, specifically 20%, is redistributed to our staked BRBC, rewarding our loyal community members and stakeholders.
Bull Run Bets is steadfast in maintaining this innovative approach, ensuring that our Buy and Burn initiative not only supports our token's deflationary nature but also reinforces our commitment to our community and stakeholders.
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