The buyback strategy is a good idea, but will you be able to implement it? When do you plan to launch its first stage?
ParamountDax will continuously buy back and burn PRDX tokens at market rate so that overall supply gets decreased and allows the existing PRDX token value to grow. PRDX tokens will be bought back and destroyed permanently through burning plan ParamountDax will use this mechanism until the total supply is reduced to 65 million PRDX tokens. The burning process will start 30th March 2020, every quarter we will use 5% -10% of net profit to burn PRDX Tokens.
for investors, of course, this is important information. Let's see how you can meet these conditions. The implementation period will depend on the profitability of the platform.
It is true that investors of course need information like that because it is one of the important information and I am quite curious about the development of this project