Background Despite record revenues from casino operations, the BAG token has experienced a decline in market value, attributed to ongoing selling pressure. This has led to negative perceptions about the project's financial health, contrasting with its actual performance.
Proposal Allocate 30% of casino profits to buy back BAG tokens on the market.
Rationale
Market Support: This buyback initiative will directly support the BAG token's price by reducing the number of tokens available in the open market.
Holders Confidence: Reinvesting a portion of the casino profits into the token demonstrates the project's commitment to enhancing value and sustaining the token's economy.
Positive Perception: By actively stabilizing the token's price, the project can better align public perception with its actual financial success, thereby improving the overall image and trust in the project.