When the reserve wallet is depleted in two to three

Question

Ecomi

Er

When the reserve wallet is depleted in two to three

years assuming omi stays at same price or lower, will ecomi then be forced to buyback token on open market?

#cryptocurrency #ecomi #english

0

11.01.2022

6 ответов

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M

Io Skal
The buybacks are done since 7 months ago. The team...

Buy back are still continuing. Where did you read they were stopped

0

11.01.2022

Io Skal

M
Buy back are still continuing. Where did you rea...

The last buyback was in July . And during the AMAs of august and September, David said that buybacks are dangerous because they will be considered as manipulation of the price

0

11.01.2022

Farnoush AmaZix

Hey Er, Actually there is no news regarding this issue you said. However, as per my understanding Burning mechanism and buybacks is part of the whole Ecomi ecosystem and the Team has development plans for future. Keep them in Mind. Moreover, If you wanna get into details, please have a look at the following article: https://medium.com/ecomi/ve-ve-tokenomics-in-app-funds-and-token-buybacks-7ea8ac1a19c9

0

11.01.2022

M

Io Skal
The last buyback was in July . And during the AMAs...

I think David said they will do buybacks but it won’t be announced. And it will still be done I’m sure they are going ahead. Maybe admin can confirm

0

11.01.2022

Io Skal

M
I think David said they will do buybacks but it wo...

The admin doesn’t know. The only ones that know are the board of ecomi.

0

11.01.2022

Io Skal · Accepted Answer

Io Skal

The buybacks are done since 7 months ago. The team has expressed serious concerns about continuing the buybacks. So , unfortunately the buybacks seem to be stopped forever. Which makes OMI token NON DEFLATIONARY. Which is a devastating problem

0

11.01.2022

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When the reserve wallet is depleted in two to three

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