Buybacks & Burn to Liquidity
Thoreum uses farming profits to regularly buy $MVC and $BNB, then "burn" them to liquidity.
To prevent front-running, buybacks are not announced right before they happen.
🪐Where the buyback's fund comes from, is it limited?🤔
Thoreum unique yield farming mechanism will provide an infinite revenue stream backed up by any selling of $Thoreum token, which can be invested in multi-chain farms such as AVAX, Fantom... & compound and then buy back $Thoreum and add to the liquidity pool.
The buyback's fund comes from profit of THoreum Multi-chain farming, so the more time the project run, the bigger the fund —-> buyback is unlimited.
🪐How $Thoreum Buybacks & Burn to Liquidity Work?🤔
In the world of Decentralized Finance, buy backs are a prevalent mechanism to support price. However, most projects will “Buy Back and Burn”, which does nothing to improve the position of the LP (Liquidity Pool). In sharp contrast, Thoreum Capital has improved the buy back process to increase liquidity at the same time, which makes price both increase and more stable over time!
#Step 1: Get profit from multi-chain farming, compound it #Step 2: Use part of the profit to Buy Back $Thoreum & $BNB #Step 3: Add Liquidity to $Thoreum/$BNB LP Pool
💹This will both increase price & grow liquidity for price stabilization!
💹Thoreum buyback fund is nearly $5M now without farming & compounding. Imagine what will happen in Thoreum now if over time that $5M is farmed & compounded every day —> the buyback fund is unlimited.