# The Phoenix Buyback

The **Monthly XRP Giveback** funded by the **XRPL Buyback** mechanism provide even greater advantages for MIC 777 holders:

**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.

**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.**

**Why This Matters to You?**

#### **Reliable XRP Giveback**

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

#### &#x20;**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.

#### PROJECT WILL BE CHOOSEN BY MIC777 COMMUNITY THROUGH VOTING MECHANISM.

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