🐂⛓️ Bullas Update!
No more staking rewards, directly shifting to buyback + burn model🔥
💡 Core Objectives:
✅ Support floor price
✅ Reduce supply, concentrate partner profits
✅ Continuously compatible with NFTfi platforms like Sudo, Paddle, etc.
✅ Enhance liquidity
The first round of buybacks has been completed!
Attention Mootards!
After crunching the numbers in our Macrodata Refinement Center, Bullas has decided to pivot from staking rewards to a buyback-and-burn strategy.
This is being done for a few reasons:
-Support floor price (very important metric for NFTs)
-Concentrate partner benefits across smaller supply
-Can now continue utilizing Bullas in other NFTfi platforms (Sudo, Paddle, etc)
-Ensure deep girthy liquidity
-Less likely we go to jail
The first buyback has already occurred.
Bullas floor is 45 BERA at the time of posting.
Bullachain 🐂⛓️
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