Pigmo.com Litepaper
  • 🐷Introduction to Pigmo & $PIG
  • PIGMO TOKEN - $PIG
    • 🪙Tokenomics
      • NFT Holders (30%)
      • Airdrop to strategic Crypto communities (7.5%)
      • Mini app farm (7.5%)
      • Treasury and Governance (10%)
      • Liquidity and Development (15%)
      • Team and Advisors (5%)
      • Capital raise (15%)
      • Partnerships and Marketing (10%)
    • 🔨Utility
      • 🎰Exclusive Benefits
      • 💰Stake to earn
      • 🔥Buy back & burn
      • 🔓Locked Staking
      • 📅The future
  • 🔗EXTERNAL LINKS
    • Discord
    • Telegram
    • Twitter
    • Pigmo app
    • Official telegram mini app
    • $PIG farm mini app
  • CASINO
    • 🛣️Roadmap
    • 👑VIP System & benefits
    • 📞Contact us
  • Fairness
    • 🎰Outsourced providers
    • ⚖️Provable Fairness
    • 🛡️Implementation
    • 🔄Conversions
    • 🎲Game events
  • Transactions within the app
    • 💰Supported tokens
    • 📃Withdraw requirements
    • 🕒Pending withdrawals timeframe
    • ⛽Blockchain gas fees
    • 💬Support
  • Affiliate & partnership
    • 🚀Listing your token
    • 📊Effective RTP
    • 🤝Affiliate program
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  1. PIGMO TOKEN - $PIG
  2. Utility

Buy back & burn

PreviousStake to earnNextLocked Staking

Last updated 6 months ago

The Buy & Burn program is an integral part of our deflationary mechanisms aimed at enhancing the intrinsic value of $PIG tokens. Periodically, 10% of the platform's profits will be used to purchase $PIG tokens from the open market every few months.

These tokens will then be permanently removed from circulation (burned), effectively reducing the total supply. This process is transparent and verifiable on the blockchain, aligning with our commitment to trust and openness with the community.

The Buy & Burn events will be announced in advance, allowing token holders to witness the positive impact on the tokenomics of $PIG. Buy & Burn stats will be displayed publicly within our platform and updated live.

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