💰VI. Financial Model

The financial model of the $BACKR token is strategically designed to create a rewarding and sustainable ecosystem. It aims to provide stable returns to the token holders, reward active participation in the ecosystem, and ensure the growth and development of diverse services within the ecosystem.

Here's a detailed look at the $BACKR financial model:

Fixed Annual Percentage Yield (APY): One of the primary financial benefits of holding $BACKR tokens is the fixed 12% APY. This yield is calculated on the initial investment, not on the current value of the $BACKR tokens, guaranteeing a stable return irrespective of market fluctuations. The APY payments are made annually every July, and the term is calculated for 365 days, starting from July 1st to June 30th of the following year.

Daily Return Rate: In addition to the annual yield, $BACKR holders benefit from a daily return rate of 0.033%. Therefore, if an investor holds 10,000 INR worth of $BACKR tokens for 200 days, their return would be 200 * 0.033% * 10,000 INR, yielding a return of 6,600 INR for that term. This daily return encourages the long-term holding of $BACKR tokens and provides consistent rewards to the holders.

Profit Sharing: Beyond the fixed returns, the $BACKR token holders benefit from our unique profit-sharing model. We have committed to sharing 15% of our businesses' profits with the token holders. This profit share is distributed in the form of bonus APY and Buy Back Offers, enabling the token holders to benefit directly from the growth and success of the businesses within the ecosystem.

Token Acquisition: $BACKR tokens can be acquired in two ways - by direct purchase or by earning through using our ecosystem products. This dual model of token Acquisition not only allows investors to buy into our ecosystem and rewards active users for their engagement with our services.

In summary, the financial model of the $BACKR token creates a rewarding and sustainable ecosystem. By holding $BACKR tokens, investors can enjoy stable returns, benefit from the success of the businesses within the ecosystem, and actively contribute to the growth and development of these services.