Buyback & Burn Program August 2018

WavesGo
WavesGo
Sep 5, 2018 · 2 min read

Dear WavesGo Community,

The Waves Team established a new program to increase to number of nodes in the Waves network, rewarding new nodes with a lease of around 10,000 Waves and you don’t even need to send them any of the rewards ;). We are welcoming this initiative and hope many community members will take a look at it and fire up their nodes.

If you would like to further help the community by creating content supporting this program, please also take a look at our WavesGo Education Fund.

Now to our Buyback

TL,DR:
Starting from October 2017, 50% of all net profits generated by WavesGo are being used to buy back & burn WGO tokens. This means that literally 50 cent of every single dollar of profit earned by all our current and future revenue streams flows back into the WGO market. Moreover, we are going to use the 50% retained MRT from mining operations for the buy back program too.”

Numbers & Figures Buyback & Burn August 2018

Size of Buyback: 955.6 WAVES

WGO purchased & burned: 121'406 WGO

Average price: 0.0079

Burn TX: http://www.wavesgo.com/transactions/H66fcVWXJxJfoaY8oRvhRXzX6VVipMoBXkZfU7TFXP6Y

Total supply: 8,786,877 WGO

The next Buyback & Burn is going to take place in the beginning of October 2018

Find us online

Connect with us on social media to stay up to date:

Discord: https://discord.gg/cnFmDyA

Twitter: https://twitter.com/GoWavesgo

Facebook: https://www.facebook.com/WavesGo/

Email: go@wavesgo.com

WavesGo

Written by

Making blockchain accessible to the masses. WavesGo.com is the official Waves blockchain explorer & biggest Waves Mining Pool.

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