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AI Trading Bot and xBlade Fund
14 Feb 2022
We need to bring different revenue sources to increase xBlade value by
Buying back $xBlade
How does it work?
Every 2 weeks, we will check current balance of Trading account and if there is profit, we will pay FutureFund 39% profit in BUSD (comparing to previous
high water mark), those fee will be used to buy $xBlade and pay to FutureFund account (
Then we will announce to community on Twitter/Medium/Substack/Facebook
FutureFund will hold $xBlade in at least 3 months in order to increase its position in $xBlade into > 1 million $xBlade.
There are 2 rounds so far.
Round 1 (12 Jan 2022 - 26 Jan 2022)
Round 2 (26 Jan 2022 - 14 Feb 2022)
Figures for deposits, profits/ loses, performance fee, balance at start and end of each round are shown in the table.
In Round 1, AI Trading bot brings a profit at $554, then we pay $217 performance fee to FutureFund Ventures.
In Round 2, we make an additional deposit at $6667, make the total balance to $10,000. In the end of this round, AI Trading bot brings a profit at $840, then we pay $328 as performance fee to FutureFund Ventures.
In total, we have $545 as net-profit which is used to Buy back $xBlade (by FutureFund Ventures). It equals to 14,370 $xBlade has been bought back and paid as performance fee to FutureFund Ventures. In addition, we have $834 as net-profit from Trading bot operation which in turn used to buy back 22,561 $xBlade then burned it.
Performance fee, Buy back: https://bscscan.com/tx/0x2d16c8f02fc81816fb9a197dccaca96592c15806e478e614cdc89d2b77585ef3
Deposit: https://bscscan.com/tx/0x1e9487708a7707318ca09b3b62e997e76ed3046916e2d8a66025314944adc6d7 Performance fee, Buy back:
Buy back & Burn