**Objective:**  
To adjust our current Buyback and Burn strategy by discontinuing the purchase of CAKE tokens and instead allocating the entire 90% of designated funds to buy back and burn BSKT tokens directly from the market.

**Proposal Details:**

1. **Rationale:**  
   The current strategy includes buying CAKE tokens, but shifting our focus exclusively to BSKT will potentially increase its value and market stability.  
This adjustment is proposed to concentrate our efforts and resources on enhancing the intrinsic value of BasketCoin.

2. **Implementation Details:**
   - **Discontinuation of CAKE Purchases:**  
Effective immediately upon approval, CAKE will no longer be purchased as part of the Buyback strategy.
   - **Increased BSKT Purchases:**  
The funds previously allocated for CAKE will be redirected to increase the volume of BSKT purchased for burning, maintaining the overall budget at 90% of designated funds.
   - **Market Purchases:**  
All BSKT tokens will be purchased directly from the market, ensuring transparency and fairness in the process.

3. **Expected Outcomes:**
   - **Market Impact:**  
Focused buyback efforts are expected to reduce BSKT’s circulating supply, potentially leading to an appreciation in its market value.
   - **Token Stability:**  
Consolidating buyback efforts on BSKT is intended to stabilize and strengthen its market presence.
   - **Community Trust:**  
This strategy aligns with our commitment to building a robust economic framework for our token holders.


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**Voting Options:**
   - **Approve:**  
You agree to revise the Buyback and Burn strategy as proposed, focusing solely on BSKT.
   - **Reject:**  
You do not agree with the change and prefer to continue with the current strategy.

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Duration: 3 days  
Quorum Required: 10% of total votes  
Voting Rule: Majority decision

Revision of Buyback and Burn strategy to focus solely on BSKT

Cast your vote