🔸Development Plan

Based on the equity attributes of the BRSK token, the BRSK DAO manages a development plan divided into three phases for utilizing profit funds. The growth of overall profits for Exchange Coin Global requires time accumulation, and how profit funds are deployed significantly impacts market confidence in BRSK. According to the financial statements of Exchange Coin Global, 100% of profits will be allocated to low-price buybacks and sent to a black hole contract for destruction during the initial two years following BRSK’s listing on exchanges, contributing to its market value.

Buyback and Burn Mechanism

The platform will allocate a portion of its profits, income, and transaction fees to regularly or occasionally buy back its tokens from the market and burn them. This process reduces the total circulating supply of the tokens, resulting in a deflationary effect that stimulates the price appreciation of the platform's token. Specifically, Exchange Coin Global will utilize a portion of its net profits each quarter for BRSK buybacks and destruction until the total token supply reaches a constant number. This mechanism links BRSK directly to the net profits of Exchange Coin Global, ensuring that BRSK holders continuously benefit from the platform's profitability.

Phase Two

In the second phase, the buyback fund allocation will adjust to a 90%-10% ratio, with the remaining portion designated for dividend distribution rights based on the number of tokens held and the duration they are held. The details of these implementations will rely on official announcements from Exchange Coin.

Summary

Overall, the structured development plan emphasizes a strong commitment to increasing BRSK's value and ensuring sustainable growth through systematic buybacks, profit sharing, and strategic planning within the framework of the BRSK DAO.