Buyback and Burn

Weekly Buyback Process:

  • A predetermined amount of funds is allocated weekly from its revenue or reserves to purchase PMC tokens from exchanges or liquidity pools.

  • The buyback amount can be based on predefined criteria such as market conditions, token performance indicators, or strategic objectives.

Execution:

  • The buyback process is executed manually or via an automated system purchasing PMC tokens from available market liquidity.

  • Tokens acquired through buyback are designated for burning to permanently remove them from circulation.

Burn Mechanism:

  • Repurchased tokens are burned immediately or periodically via a smart contract mechanism.

  • Burning ensures tokens are permanently removed from the supply, potentially increasing scarcity and token value over time.

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