Basically this project has quite interesting features, especially the Auto Buy & Burn xBlade Daily feature. this can increase the price of tokens periodically and the supply in circulation decreases.
You are right. The project has a powerful mechanism for Buy back and Burn. Why burn? It means the team don't get any benefit from Buy back process. If they don't burn Buy-back tokens, they can dump huge amount and this action will trigger a big red candle.
It is also very clear for investors that they don't have to feel fearful or worry about what developer team will do in future with Buy-back tokens.
So far, in total more than 400,000 xBlade has been burned from the mechanism.
Also, they have Buy back mechanism in Bonds but it's worthy to note that with Bond, no Burn! Only Buy back and add liquidity
But what happened to this project now? Very low trading volume, less than $10,000 USD
Coinmarketcap and Coingecko don't list and track all trading pairs of xBlade which surely affect total trading volume. I mean stats are inaccurate a little bit.
About Sales Tax & changes in Bond ROIsIn short, Sales Tax is reduced from 10% to 4.5%. Consequently, we reduce ROIs for BUSD Bonds: 7 days and 50 days, to avoid arbitrage compromise.
Note that with BUSD 50-days Bond, each new round, vesting time will increase 5 days. With $xBlade 220-day Bond, each new round, vesting time will increase 20 days.
BUSD 50-days is almost sold out, about 87k $xBlade left in this round.
For more details, please read
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If you want to find a hidden gem, here you go, with $xBlade. It can be covered by abundant pump & dump tokens, but in massacre and bleeding days, you can find it more easily.
The project has mechanisms for Buy back & burn, Sales Tax, Bonds and more than that a solid and sustainable model. Check it out guys.
It is hard to find hidden gems but it is harder to be strong and hold hidden gems to harvest sweet fruits.
Partnership & listing announcement- We already partnered with Owl DAO + Owl Games
- $xBlade as well as $XBN are listed on Owl Games
- You can use our tokens to play on Owl Games with 3000+ games there
Sources
Also, let's check our report:
Invest in $xBlade: One-page summary [Moderator note: consecutive posts merged (separated via horizontal lines)]