Buy-Back and Reward Distribution Policy

Petso is committed to enhancing the value of its $PET token ecosystem while ensuring long-term sustainability and user engagement. This Buy-Back and Reward Distribution Policy outlines how a portion of subscription fees will be utilized to repurchase $PET tokens and distribute rewards within the app.

1. Objectives

• Stabilize and support the value of $PET tokens.

• Create incentives for user engagement within the Petso app.

• Foster a self-sustaining ecosystem fueled by recurring subscription revenue.

2. Allocation of Subscription Fees

• A fixed percentage (10%) of all subscription fees collected from users will be allocated specifically for the $PET token buy-back program.

• The percentage allocation will be reviewed quarterly to ensure optimal tokenomics and ecosystem health.

3. Token Buy-Back Mechanism

• The allocated funds will be used on a periodic basis (e.g., monthly) to repurchase $PET tokens from the open market.

• Buy-back operations will be conducted transparently, and relevant data will be published on Petso's official communication channels.

4. Reward Distribution Framework

• Repurchased $PET tokens will be redistributed within the Petso app in the following ways:

  • Loyalty Rewards: Tokens will be awarded to active subscribers and engaged users.

  • In-App Activities: Users completing specific milestones, challenges, or activities will receive token rewards.

  • Referral Program: Tokens will be offered as incentives for referring new users to the platform.

5. Transparency and Reporting

• A detailed quarterly report will outline the buy-back volumes, distribution statistics, and impact on the ecosystem.

• Audits may be conducted periodically to ensure the integrity of the buy-back and distribution mechanisms.

6. Policy Adjustments

• Petso reserves the right to adjust the percentage allocation and distribution mechanisms based on market conditions and business objectives.

• Any significant changes will be communicated transparently to the Petso community.

Conclusion This Buy-Back and Reward Distribution Policy is designed to ensure that Petso's subscription-driven revenue directly contributes to strengthening the $PET token ecosystem and fostering long-term engagement from users.