Buyback Mechanism
There will be regular $PETH buyback periods with the profit of Pethereum game. $PETH token will be bought by Loop Games from the market with Pethereum’s profit and create a staking rewards pool.
Rewards of the users will be distributed from this pool. The percentage of profit that will be used in the buyback periods will be proportional to the ratio of Circulated Supply of $PETH to Total Supply of $PETH
For example: The Total Supply of $PETH is 10 billion. If Circulated Supply of $PETH is 5 billion, and the profit of Pethereum is 10 million dollars. 5 million dollars, which is %50 of profit, worth $PETH will be bought from the market and allocated into the $PETH stake pool.
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