Conclusion of $GEM Buyback and burn

G’day, Clammies! We’ll keep this one short and sweet.

’Tis the day to conclude and provide details on our $GEM buyback and burn campaign. Some of you have already been suspecting the wallet — we can confirm that this is it:

https://bscscan.com/address/0x30009aff979658de9edaff3812df127bec45af7c

The important transactions are:

Initial funding of 25 BNB:
https://bscscan.com/tx/0x7e0fbc6fc33cff408639dd0e608f99ea7c7b3c2b8dafdc99a01599e177e1b481

Additional 8 BNB from treasury:
https://bscscan.com/tx/0x75a86de904f3e111b0d80f43d26d6a3757680c2b41795e11c828f5b319eb2586

Burn of purchased GEM:
https://bscscan.com/tx/0x4f041daa90d24e65f86f84b459dfc1262b48278ad807165300901ad104a3644f

You will see a lot of transactions in between. This is for a number of reasons:

  • We bought in smaller increments over a longer period of time;
  • We sometimes sold and rebought $GEM to help bring up volume;
  • We duelled with the frontrunning bot a few times, which sometimes involved us selling and rebuying $GEM.

You are welcome to review all of the transactions of course, but what matters is that all of the BNB that went into the account has been spent on buying $GEM, and the final total of ~2.7m $GEM, or about 4.5% of the current total supply, has been burned🔥🔥🔥

We have lots more exciting things currently in development, including the new yield farming model we wrote about in our previous article, new partnerships, and new potential commercial deals. We’ll be publishing more articles on these things over the coming weeks — stay tuned!

As always, don’t forget to subscribe, follow us on Twitter and join us on Telegram / Discord for all the up-to-date info.

--

--

--

Gamified Yield Farming + NFT on Binance Smart Chain. Earn, collect and trade on Clam Island

Love podcasts or audiobooks? Learn on the go with our new app.

Recommended from Medium

No Data No MaaS

Mind babysitter.

Creating Catalysts for Collaboration in Strategic Digital Rights Litigation

NEODUN November Report

Popular Fixed Code Wireless Remote Duplicator for Garage Door (SH-MD017)

Top Brands TV of 2022 U.K: Top TV series

3 Reasons You Shouldn’t Rely On 911 To Know Your Location

What’s the Best Cell Phone for Quadriplegics? Here’s Our Take.

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store
Clam Island

Clam Island

Gamified Yield Farming + NFT on Binance Smart Chain. Earn, collect and trade on Clam Island

More from Medium

FATExFi — Pre-Launch Details & DAO Update — EVERYTHING you need to know!

Berry Data Weekly Report Week #70 (May 23rd — May 29th)

Bright Union partners with Inspex to secure the Bright Risk Index

Announcement: Golff Trading Mining Launch