🔥AIRB Buyback & Burning
The AIRB token has a deflationary mechanism built into it due to the fact that BillionAir dedicates a portion of all fees, house profits, and over collections to buy back and burn the tokens.
BillionAir will allocate ~10% of all revenue from raffles, games, and sportsbooks to buying back AIRB tokens from the open market, subsequently burning purchased tokens. As the BillionAir platform grows, so will the buyback and burn, creating new demand for the AIRB token on secondary markets and increasing on-chain volume.
This process aims to increase the value of the AIRB native token, maintain a balance between holders and developers to support the token distribution model, and consistently grow staking payouts for staking participant holders.
The team at BillionAir is committed to supporting a healthy ecosystem and promoting its further growth, and as part of this effort, the buyback and burn will only grow bigger.
Last updated