What is Bitgert? Or the Brise token?
Автор: Have Fun Staying Poor
Загружено: 2022-04-09
Просмотров: 15
Описание:
What is Bitgert?
Bitgert is a crypto engineering organisation focused on blockchain technology products and audits solutions, While our $BRISE token benefit investors through staking in BUSD rewards and our smart contract also has a buyback function which helps in the price growth of our token and makes it more scarce.
$BRISE Token will be used as peer-to-peer (P2P) service for payment systems using our dApp wallet in the local currency with zero transaction fees, faster & secure transactions, whereby two individuals interact directly with each other, without intermediation by a third party. Instead, the buyer and the seller transact directly with each other via the P2P service.
WHAT IS BUYBACK?
If a stock has low value and the potential to perform better in the future, companies often announce a buyback of the stock in the open market.
Once companies announce the buyback, investors gain more confidence to purchase and hold.
Additionally - the demand increases which ultimately will drive the price up.
At $BRISE, we choose to apply the Buyback concept to cryptocurrency, and make our token more attractive to hold.
HOW DOES BUYBACK WORK?
$BRISE collects a 5% Buyback tax on each transaction, which is stored inside the contract. Whenever a sell occurs, a fraction of the buyback amount is used to automatically purchase tokens from the liquidity pool. Those tokens are immediately burned after purchase.
What’s So Great About That?
There are 3 advantages:
1. Raise in Value After the tokens from the Liquidity pool are bought, the new BNB amount is added to the pool and the amount of the tokens are reduced, which results in an increase in price.
2. Free BNB Once those tokens are burnt, it is like adding free BNB to the pool as there are no tokens to sell in the future.
3. Trust & Reliability Investors can be relentlessly hesitant and often get spooked by a bearish market.
Because of the automatic buyback, investors will never see more than 2 sells in a row (98% of the time)
Benefits for Everyone
$BRISE Token is not only limited for Buy / Sell / Hold, But also has a real use case of payment system utility globally & also can be used for P2P lending.
#Earn #Spend #Lend
read more about DeFi, the Ecosystem, Wallet and the Staking: https://bitgert.com/wp-content/upload...
Explore more of What is Bitgert?
please visit: https://bitgert.com
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