Buyback (2%)

The 2% Buyback Fee is a strategic mechanism incorporated into the BSports tokenomics to create a deflationary effect and positively impact the scarcity and market value of the BSports token.

When users engage in transactions within the BSports ecosystem, a 2% Buyback Fee is automatically deducted from the transaction value. The collected funds from this fee are then earmarked for periodic buyback events. During these buyback events, the platform utilizes the accumulated funds to repurchase BSports tokens from the open market.

The purpose of the Buyback Fee is twofold:

1. Scarcity and Value Appreciation: By reducing the circulating supply of BSports tokens through buybacks, the overall scarcity of the token increases. This scarcity, in turn, can contribute to an appreciation in the market value of the token over time.

2. Investor Incentives: Token holders may benefit from buyback events as the reduction in circulating supply can positively impact the token's value, potentially leading to increased returns for holders.

It's important to note that the execution of buyback events and the subsequent token burn (removing repurchased tokens from circulation) contribute to the overall economic strategy of BSports, aligning with the platform's commitment to creating a sustainable and value-driven ecosystem for its community. This mechanism aims to provide long-term benefits to BSports token holders while fostering a dynamic and resilient token economy.