With the launch of the Pundi X Open Platform and a dedication to draw good high quality tasks, builders and token issuers to the platform, the staff has arrange a fund from the Partnership Reserve Fund (PRF). The PRF will subsidize platform contributors’ preliminary liquidity swimming pools on the platform. To do that, we are going to resume funding PRF by executing NPXS buy-backs from the market.
The PRF is devoted to encourage and incentivize future enterprise partnerships inside the Pundi X ecosystem, together with partnerships with strategic companies, retailers, exchanges, banks, and technical companions amongst others. The PRF has performed a necessary function within the rollout of our XPOS gadgets. Now, the perform of the fund shall be expanded to incentivize high quality builders and tasks to hitch the Pundi X Open Platform.
We are going to execute NPXS buybacks valued at 500 ETH inside the week of Might 13. The execution worth vary shall be between USD 0.0005 and 0.0009 per NPXS token.
As soon as the buybacks are accomplished, the funds shall be transferred to the next handle for transparency: https://etherscan.io/handle/0x10Ca70A39fb752c4FAd3Cf2AFa7f068DC4dfa868#tokentxns
As at all times, we are going to preserve you posted on the buyback standing.
CEO and co-founder