CBI Token Update Day 24 (Changes in buyback)

Words
144
Reading
1 min
Listen
Play
6y

cxmtah.jpg

Circulating 994022
Bought back 1022
Burnt 1022
Remaining 99300

SteemPower 103099

Buybacks will be capped at 50 steemp a day
We tried creating a higher return for investers buy buying off the market and did reach around 27% but that didn't last long and have been buying below 0.1 on occasions.
If investors had taken it in turns to sell a handful of token at 1 steem we could have seen 1000% returns.
Overall we have been buying on average around 40 steemp worth of cbi daily so we have decided to cap this at 50 steemp a day.
Which means first come first serve regardless of the price.
0.01 or 10 steemp we will be buying 50 steemp daily
This is a short term experiment to see how things go and will update on any changes if and when they occur

Happy Investing

CBI Token Update Day 24 (Changes in buyback) | Ecency