The Phoenix Buyback

Why This Matters to You?

💎 Reliable XRP Giveback

Every month, eligible holders receive XRP directly to their wallets, offering steady and passive income.

🌱 Support for XRPL Ecosystem

By reinvesting in promising XRPL projects, we help sustain and grow the ecosystem, which benefits the entire community.

🔒 Transparency and Trust

This structured and transparent approach ensures that rewards are fair and sustainable, reflecting our commitment to the holders.

📈 Aligned Growth

As XRPL projects flourish, so does the value generated for MIC 777 holders, creating a virtuous cycle of shared success.

How MIC 777’s XRPL Buyback Benefits You?

To ensure sustainable growth and consistent benefits for our community, 30% of the presale funds will be allocated to XRPL buyback initiatives. This strategy is designed to create recurring revenue while supporting the XRPL ecosystem.

Here’s how it works:

🔄 Monthly Token Sales:
- Each month, 10% of the tokens purchased from XRPL projects through the buyback will be sold.
- This ensures continuous liquidity and revenue generation.

💡 Allocation of Proceeds:
- 5% Reinvested: A portion will be reinvested into new or existing XRPL projects to maintain growth and support the ecosystem.
- 1% for Dev. Team: This ensures the team has the resources to improve, earn, and expand the MIC777 project.
- 4% Distributed to Holders: The remaining portion will be distributed in XRP to all eligible holders as monthly givebacks.

The Lifeblood of Malaya Infinity Community.

The Phoenix Buyback is the “lifeblood,” circulating resources to nurture the community and fortify the ecosystem.

The Phoenix Buyback is an integral part of the Malaya Infinity Coin 777 (MIC777) ecosystem. It represents our commitment to supporting the community and ensuring the sustainability of the project. This initiative is designed to:

Support the XRPL Ecosystem: By allocating resources to purchase and hold tokens from other XRPL projects, fostering growth and collaboration within the community.
Enhance MIC 777 Value: Through strategic buybacks of MIC 777 tokens, we aim to stabilize the token’s value, reduce supply, and create long-term value for holders

Purpose

The Phoenix Buyback serves multiple goals:

Community Support:
- Empower the XRPL ecosystem by investing in promising projects and tokens voted on by the community.
- Strengthen partnerships and create opportunities for mutual growth.
- Building bridges connecting all the promising projects within the ecosystem.
Token Value Enhancement and Earn Revenue:
- Buy back XRPL tokens from the open market, reducing circulating supply.
- Sell portion of the purchased tokens monthly to giveback to MIC777 community, and reinvest in the same or other promising projects.
Transparency & Trust:
- Operate with full transparency, sharing buyback activities and outcomes with the community.
- Ensure that all decisions align with the community’s voice and the project’s mission.