Buy Backs
Buyback Aggregator Bot: Enhancing Transparency and Value
At Solana Classic, we have implemented a Buyback Aggregator Bot that is integral to our strategy for increasing token value and maintaining transparency. This innovative bot is connected to all wallets associated with our revenue-generating utilities, allowing us to automatically or manually initiate buybacks and burns based on a designated percentage of the revenue generated.
The Buyback Aggregator Bot enables us to strategically reduce the circulating supply of $SCLASSIC through automated processes, ensuring that revenue is consistently reinvested into the ecosystem. By adjusting the percentage of revenue allocated for buybacks and burns, we maintain flexibility in managing the token economy.
In addition, the bot is designed to provide real-time updates in our Telegram channel, making every buyback and burn fully visible to the community. Each update includes:
Amount of SOL bought back
Amount of $SCLASSIC burned
Links to view the transaction on Solscan
Total buybacks
Total burned
Through this system, we ensure that our community stays informed while reinforcing the value of $SCLASSIC by reducing the circulating supply in a transparent and accountable manner. This strategy supports the long-term growth of the ecosystem, aligns with our mission of increasing token utility, and demonstrates our commitment to transparency.
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