๐Buyback and Burn
YYG Token Buyback and Burn Program
Yummygame will allocate 15% of net gaming revenue (NGR) from non-YYG wagers and 35% of NGR from YYG wagers to a systematic buyback and burn program for YYG tokens. This represents a commitment to supporting the tokenโs value and creating a deflationary mechanism that directly ties the health of the Yummygame ecosystem to the value of YYG.
YYG tokens will be repurchased from the open market on a fixed weekly schedule, ensuring consistent buybacks that remove tokens from circulation. As Yummygame grows, this mechanism will scale, driving additional demand for YYG tokens in secondary markets and increasing on-chain activity.
The buyback and burn will incorporate revenue from all streams, including the casino and, in the future, sports betting. The purchases will be executed in the deepest liquidity pools for YYG, ensuring maximum efficiency and impact.
The YYG Buyback and Burn program will begin in the first week of YYGโs launch. Detailed information about the pools and methods used for token purchases will be shared post-TGE (Token Generation Event).
Users can track all buybacks and burns through the YYG Token Dashboard and Etherscan. Updates and announcements regarding future buybacks will also be shared through Yummygameโs official communication channels.
This initiative ensures that YYG holders benefit directly from the platformโs success while fostering long-term sustainability for the token ecosystem.
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