Post
Topic
Board Announcements (Altcoins)
Re: [ANN][PRE-ICO] LoanBit - P2P lending & investment
by
Ridorie
on 15/03/2018, 13:00:25 UTC
I still have not received an answer to my question. Will the holders of tokens receive a dividend. Some projects are doing that.

LBT tokens don't provide the dividends. We plan to make quarterly repurchase of tokens. 50% of issued tokens will be repurchased. LBT will be repurchased at the market price at the date of redemption, but not lower than the ICO price.

This will promote the growth of tokens in the price. What do you plan to do with the redeemed tokens? Will they be destroyed?