MixMarvel Announces the Launch of the MIX Buyback Plan to Drive Sustainable Ecosystem Growth
[Jan. 2025] MixMarvel, Asia’s leading Web3 gaming incubator and publisher, officially announced today that it will initiate a $MIX token buyback program with revenue generated from its ecosystem. The buyback program will be conducted on Bithumb. This initiative aims to enhance the value of $MIX, reward its long-term community and token holders, and provide stronger support for the sustainable development of the ecosystem.
Buyback Plan
With an estimated $1.5 million revenue scale per month, MixMarvel will allocate 30% of the ecosystem revenue each month for the buyback of $MIX tokens. The repurchased $MIX tokens will be distributed according to the following proportions to maximize their value for the ecosystem and token holders:
- Incorporation into the Treasury to Support Future Ecosystem Development (70%)
- Rewarding Ecosystem Contributors: Community members and developers who continuously contribute to the MixMarvel ecosystem will receive airdrop incentives, encouraging the emergence of more high-quality content and projects.
- Funding Support: Provide necessary funding for future ecosystem projects, game development, new feature launches, and more, ensuring the sustainable growth of the ecosystem.
- Strategic Partnerships and Market Promotion: Support deep collaborations with partners, invest in marketing activities, brand building, and community expansion to comprehensively enhance MIX’s market recognition and user base.
2. Staking Rewards (30%)
- Liquidity Staking Rewards: Implement a liquidity staking reward mechanism within MixMarvel Gashapon to encourage users to hold and stake MIX tokens long-term, increasing token holding rates and user engagement.
- Incentive Mechanism: The more tokens staked and the longer the staking period, the more frequently users can participate in proposal voting and receive greater rewards, further enhancing the ecosystem’s decentralization and active community participation.
Leading the Charge in Blockchain Gaming and Ecosystem Growth
MixMarvel’s $MIX buyback program emphasizes the company’s dedication to ecosystem development and represents a significant advancement in its journey within the global Web3 gaming space. By reducing the circulating supply of $MIX tokens, the program aims to enhance their scarcity and increase market demand. This initiative reflects MixMarvel’s commitment to creating greater value for token holders, giving back to the community’s support, and fostering the ongoing development of the ecosystem.
Please follow MixMarvel’s official channels as well as the Foundation update (0x93A0C2fcbbf1A7ADcDEAa759d9e909498bA7f598) to stay updated on the latest progress and related news regarding the buyback plan.