Burn Announcement
Having recently completed a consequential token burning which was put into place to strengthen the value of the $PYD token and to reduce the total supply of the token bringing in fairness and strong usability for the circulating supply.
30% of the old total supply which is 300 million having an allocation from ecosystem, marketing, rewards and developments is burned.
Burn Link provided below
https://bscscan.com/tx/0xc099f62c1264c945eb2d270ff6f183f0eb2b1ac10945aab6a08ae8bc04e18a7c
Buy Back Mechanism
PayPDM plans to initiate the use of buy back system in coming times to strengthen the token market, furtherly reduce circulating supply and providing more value to the $PYD tokenized assets while bringing trust, viability and asset-worth to the community.
Token Locking
The use of token locking is being implemented for the tokenomics with no exception to Ecosystem, Development, Rewards and Marketing. The allocated supply for this which had an adjusted changes with reference to the recent burn is been pegged at 100M tokens only.
This 100M tokens is being locked with timings from 30 days.
LP Locked Link
The use of LP lock is also being implemented to bring fairness and value cores to the circulating supply.
The LP is been locked with timings over 50 days and subjected to an extension, when due to 10 years.
Locked link is being provided below.
PayPDM is a leading decentralized crypto financial firm aimed at the improvisation and standardization of cryptocurrencies in every day life through the use of its financial products and services hereby providing basic services available on traditional finance on the blockchain platform.
PayPDM is part of the Xeraza Media, on which services are been administered and effectualized.
