Buyback & Burn

The company will undergo a complete transformation into a decentralized autonomous organization (DAO) over time.

This process begins with the profits earned by the company being converted into the BIT cryptocurrency, repurchased, and then burned. From the launch of BIT onward, the team will no longer earn any profits from the company, as all revenues will be repurchased and burned. The only form of compensation for the team will be exclusively in tokens.

• 100% of the profits that remain with the company through Entry Fee will be bought back and burned in BIT.

• 100% of the trading profits that remain with the company through trading will be bought back and burned in BIT.

• 100% of the products sold that remain with the company through the academy will be bought back and burned in BIT.

• Unredeemed esBIT tokens will be completely burned after 12 months.

• 2.5% of staking profits will be burned in BIT.

• 2.5% of farm profits will be burned in BIT.

Buyback and burn will take place monthly and will be communicated with the community.