Enhancing AGA Buy Backs
We are refining how we buy-back AGA tokens.
We use a majority of our monthly income to buy back AGA at market prices. In fact, in the first three months of 2021, we repurchased over $250,000 worth of AGA. We typically buy back AGA when the price dips, do it in irregular intervals and buy back varied amounts. Our community does not know when and how much we will buy. We are changing that.
Twice per week, we will take a significant portion of AGA’s mining and investment revenue and place it in a yield generating liquidity pool. Then on a specified date we will take all the funds — principal and interest and in a single day buy back AGA with them. Everyone will know when the buy-back occurs and how much money will be spent.
Dependent on market forecast we will invest buy-back funds in a stable coin liquidity pool or in WBTC-ETH liquidity pool earning additional yield. We will also publish the buy-back wallet address, and its realtime balance allowing everyone to know what the size of the buy back will be.
You can go to our website — https://agatoken.com to see the buy-back balance and countdown to the next buy-back event:
- Buy-back wallet : 0xD6FA9afF33C8A1545eb51b2901AF636741FdaC08
- Next AGA buy-back: June 27, 2021
- Buy back target: $500,000