# Buy back and Burn

## Buy back and Burn: 1st

![](https://3150645607-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FiCTpdu8bLIXyjxBfJ1b6%2Fuploads%2F8YPQr6xWqxOa1CtEgHw5%2Fphoto_2022-05-31_11-13-03.jpg?alt=media\&token=79db64be-3298-41e3-bfa3-41a9529a343f)

🔥🔥 Completed the first $GFT burn 🔥🔥

📌 According to the project's roadmap, we will buy back a part of the Token and burn it. This event will take place regularly to reduce the supply and increase the value of GFT tokens.

🔥 Total buyback and burn: 545,499 GFT \~ 654,598$

🔗 See here (<https://bscscan.com/tx/0xc7519da384ab2c689f821ae74831ad4a943c423978dbec8efc85cbe60f0a4e3a>)

🔥 Also we burned unknown wallet addresses, totaling 19,000,000 GFT.

🔗 See here (<https://bscscan.com/token/0xe77932b1216125848e82c3967e75698362168f99?a=0x000000000000000000000000000000000000dead>)

💎 For long term and successful project development, we need holders and staking. Stake is the reward we give to our long-term companions from GFT token price increase and compound interest 💰

## Buy back and Burn: 2st

Comming Soon...