Is there a real benefit in the p&b system, now

Question

Is there a real benefit in the p&b system, now

that we have the buyback? Wouldn't those funds be more useful added to the buyback?
Can someone explain? I understand the idea of reducing the supply, but I don't see why that is more beneficial than the buyback.

#cryptocurrency #english #swissborg

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02.03.2022

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Unicorn(Never DM) · Accepted Answer

"Protect & Burn vs Traditional Buy-Back Mechanisms The traditional buyback mechanism has a short-term reward incentive. This is because buybacks are announced ahead of the event allowing speculators to buy the token before the buyback takes place and then sell it at a higher price shortly after the buyback takes place. With Protect & Burn, we reward long-term CHSB holders by placing orders to buyback and burn only when the price of the token is going down. In this way, we protect our token and, more importantly, our long-term token holders in alignment with our mission to promote innovation that rewards our loyal community members. Every month, we will add 20% of the revenues made on fees in the SwissBorg app to a reserve to protect the price of our token. When the price arrives in a bearish zone (we use a combination of technical indicators), we manually place buy orders. All purchased CHSBs are then burned in a transparent manner."

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Is there a real benefit in the p&b system, now

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