Repurchase and Destruction.
To ensure full transparency, the buyback and destruction of $MTW will be done automatically by a tool fully controlled by smart contracts.
The entire platform 30% of quarterly profits will be added to the buyback pool to buy back $MTW. The smart contract will continuously check the average price of $MTW over the past 72 hours. As long as the price is below the 72-hour average price, the smart contract is triggered to exchange funds in the pool for $MTW at random times.
We will periodically destroy $MTW.
Last modified 9mo ago