🤝Buybacks
Introduction
The JESTER ecosystem is designed to reward tier holders and JEST token holders. The only model that we can see at the current time that fulfills our goals are buybacks. Buybacks feed constant liqudity into the chart, and raise all wallet sizes.
Contract Addresses
Subscription Fee Contract Address: Not yet available
Auto-Trading Fund Contract Address: Not yet available
Revenue Sources
Our revenue model is primarily derived from three sources:
Token Tax: A 2% tax on every buy and sell transaction of the JEST token
Subscription Fees: Fees collected from users subscribing to various services within the ecosystem.
Auto-Trading Vault: A fund constituted both from a portion of subscription fees and direct seeding by JESTER.
Private Automation: Fees generated on profitable trades by user that are utilizing [REDACTED].
Subscription Fees
The subscription fees are allocated as follows:
20% is directed to the JESTER Vault.
The remaining 80% goes to the developer wallet for operational and developmental purposes.|
Just because the majority of subscription fees are directed to the developer wallet, does not mean that those funds may not end up being used for buybacks. The JESTER team is very invested in the success of the project over the upcoming decades, and will take every action to ensure the success of the project.
JESTER Vault Revenue
The future JESTER Vault, a strategic component of our ecosystem, is bolstered by subscription fees. Its purpose is to generate profits through well-planned, automated, trading maneuvers.
40%: of the profits from the JESTER Vault, are allocated to buybacks.
40%: of the profits from the JESTER Vault, are left in the fund to compound.
20%: of the profits are earmarked for Jester development. Ensuring the robust growth and evolution of the Jester ecosystem.
Buyback Allocation
We have three strategies that we will implement with buybacks as needed, based on priorities and financial goals:
High Growth Strategy:
Rewards Wallet: 60%
Development Wallet: 30%
JESTER Treasury: 10%
Balanced Strategy:
Rewards Wallet: 40%
Development Wallet: 40%
JESTER Treasury: 20%
Conservative Strategy:
Rewards Wallet: 30%
Development Wallet: 40%
JESTER Treasury: 30%
The default (and current) allocation for buybacks is: Balanced
40%: To the rewards wallet for referral rewards.
40%: To the development wallet for development, listings, etc.
20%: To the JESTER treasury.
Future Rewards
We are exploring various types of future rewards for both tier holders and users. These may include additional incentives, exclusive access to new features, and other benefits designed to enhance the value and experience within the JESTER ecosystem.
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