Hello Paçoca community!
We are excited to announce our counter-inflation plan to ensure our platform’s long-term stability and success. Here are the details:
- First, the Paçoca DAO fund will initiate a program to buyback $26.000 worth of PACOCA. This will help to support the value of our native token. The buyback will be divided into $1.000 portions and will take place twice weekly for 13 weeks (approximately three months), starting Monday, January 30th.
- PACOCA tokens from the Airdrop fund and the Partnership fund will be transferred to the Paçoca DAO.
- The remaining funds will be added as liquidity to bootstrap some protocol-owned liquidity. This will help to increase the overall liquidity of PACOCA and make it easier for users to buy and sell on our platform.
- In addition, we will adjust and reduce the rewards for our farming pools. Don’t worry, we will still be offering generous rewards to our community members who contribute to the growth and success of Paçoca.
- Finally, a portion of the farming rewards will be directed to the Paçoca DAO and used as a payout for the upcoming bonds. This will help to support the value of PACOCA further and provide a solid foundation for the long-term success of our platform.
We are confident that these measures will help to stabilize the value of PACOCA and ensure the continued growth, success, and long-term stability of Paçoca. We encourage all community members to get involved and support these efforts. Let’s make Paçoca the sweetest DeFi platform around!
By taking proactive steps to counter inflation, we can help to ensure that PACOCA remains a robust and reliable asset for our community.
Thank you for your support,
The Paçoca team.
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Thai Community: https://t.me/pacoca_thai
French Community: https://t.me/pacoca_fr