TiFi Bought back and Burnt 10 Trillion TIFI After Its Successful Presale
On March 31, 2022, 12:00 PM UTC, TiFi has successfully completed public presale in the form of PinkSale Fair Launch, and public trading has been alive at PancakeSwap with the initial rate of 140 Billion TIFI / BNB.
Before the presale event, TiFi announced buy-back and burn events in their Telegram Group , and TiFi fulfilled the promise in the announcement to show their support to TIFI holders and TiFi community in a long run.
Based on the transaction record on BscScan, TiFi bought-back in total of 11 Trillion of TIFI after TIFI listed on PancakeSwap, with theirs deployers wallet. Then burnt 10 Trillion TIFI around 11:00 pm March 31, which count for 10% of circulation supply of TIFI.
Buying back so much volume of a new-born token shows very strong support from the dev team, and confidence on the future growth of TIFI. It gives community member to hold and gain long term profit.
As shown on TiFi Official Website, TIFI burning event will happen every month and last for five years. And next burn will happen at 6:00 UTC on May 1, 2022.
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