🔥Buyback and Burn

Since the release of the SHFL Lottery, the buyback and burn has changed. 15% of NGR now goes to the SHFL Lottery Prize Pool, rather then the buyback and burn. More information on the SHFL Lottery can be found on the SHFL Lottery page.

Shuffle will allocate 15% of non-SHFL net gaming revenue (NGR) and 30% of SHFL NGR to buying back SHFL tokens from the open market, subsequently burning purchased tokens. This is an update from our original 15% of theoretical revenue dedicated the buyback and burn program. SHFL will be bought back on the open market on a fixed interval basis, once a week. This creates a feedback loop where SHFL is directly supported by the health of the core Shuffle ecosystem. As Shuffle grows, so will the buyback and burn, creating new demand for the SHFL token on secondary markets and increasing on-chain volume.

This buyback and burn will factor in all revenue from both the casino and the sportsbook on Shuffle and executed in the deepest liquidity SHFL pool.

The SHFL Buyback and Burn program will commence in the first week of SHFL's launch, with details around which pool and methodology of buying being released after the TGE.

All SHFL bought through the Buyback and Burn will be through the Shuffle.ETH address and sent to this burn address:

0x000000000000000000000000000000000000dEaD

Users will be able to track all Buyback and Burns from both the SHFL Token Dashboard and Etherscan. Additionally, users who follow our official communication channels will be able to see all future of buyback announcements.

Buyback and Burn

Date	SHFL NGR	Non-SHFL NGR	Burnt	Link
March 19th 2024	555,352.20	250,399.54	805,751.74	https://x.com/shufflecom/status/1769872551088672778?s=20
March 22nd 2024	1,666,519.52	453,746.28	2,120,265.80	https://twitter.com/shufflecom/status/1771047089818222955?s=20
March 29th 2024	N/A	624,275.05	624,275.05	https://twitter.com/shufflecom/status/1773590267893072000?s=20
April 5th 2024	1,060,861.67	527,823.30	1,588,684.97	https://x.com/shufflecom/status/1776142309559783504
April 12th 2024	N/A	4,465,249.34	4,465,249.34	https://x.com/shufflecom/status/1778675005527871826
April 19th 2024	N/A	1,395,519.77	1,395,519.77	https://twitter.com/shufflecom/status/1781294352280834409
April 26th 2024	874,979.25	N/A	874,979.25	https://x.com/shufflecom/status/1783718904730136923
May 3rd 2024	409,162.08	1,022,185.14	1,431,347.22	https://x.com/shufflecom/status/1786339542041338309
May 10th 2024	1,079,858	N/A	1,079,858	https://twitter.com/shufflecom/status/1788804896579596562
May 17th 2024	140,578	1,720,835	1,861,413	https://x.com/shufflecom/status/1791390566691012809
May 24th 2024	N/A	2,948,364	2,948,364	https://x.com/shufflecom/status/1793944660412604824
May 31st 2024	N/A	N/A	0	https://x.com/shufflecom/status/1796480552285118580
June 7th 2024	145,773.054	756,844.81	902,618	https://x.com/shufflecom/status/1799040727227535641
June 14th 2024	1,625,981.20	15,876.36	1,641,857.56	https://x.com/shufflecom/status/1801519313523982778
June 21st 2024	378,686	457,305.95	835,991.95	https://x.com/shufflecom/status/1804098118423842924
June 28th 2024	329,679.153	1,116,864.90	1,446,544.053	https://x.com/shufflecom/status/1806605375573287156
July 5th 2024	190,227.45	N/A	190,227.45	https://x.com/shufflecom/status/1809142049092125076
July 12th 2024	916,573.04	1,205,283.15	2,121,856.19	https://x.com/shufflecom/status/1811702274663809464
July 19th 2024	N/A	753,968.77	753,968.77	https://x.com/shufflecom/status/1814170732374700148
July 26th 2024	59,120.394	753,005.82	812,126.214	https://x.com/shufflecom/status/1816690487002337735
August 2nd 2024	237,324.261	1,418,733.30	1,656,057.56	https://x.com/shufflecom/status/1819264682164998408
August 9th 2024	190,923.498	958,711.47	1,149,634.97	https://x.com/shufflecom/status/1821829129387532593
August 16th 2024	N/A	N/A	N/A	https://x.com/shufflecom/status/1824581167548600726
August 23rd 2024	N/A	N/A	N/A	https://x.com/shufflecom/status/1826976692310859980
August 30th 2024	847,945	1,190,612.11	2,038,557.11	https://x.com/shufflecom/status/1829441747883270214
September 6th 2024	120,318.693	324,354.163	444,672.86	https://x.com/shufflecom/status/1832187331593564404
September 13th 2024	225,296.18	N/A	225,296.18	https://etherscan.io/tx/0x1e1872db14586e775f466628fa0377a7de7b24d9ffbabf183f98f76ff270bd59
September 20th 2024	137,475	890448.84	1,027,924	https://x.com/shufflecom/status/1837151294777438390
September 27th 2024	N/A	717,568.86	717,568.86	https://x.com/shufflecom/status/1839590042467258471
October 4th 2024	242,427.498	376,577.30	619,004.80	https://x.com/shufflecom/status/1842082469945999374

Lottery Update

On October 11th 2024, the SHFL foundation has moved away from the 15% Buyback and burn towards a lottery model.

Date	SHFL NGR	Burn Txn
October 11th 2024	386,143.914	https://etherscan.io/tx/0x72d1e10d040984cfef412c2e5e7d06c2f7ad53c273db12b33c13b2c2c6e64bf0
October 18th 2024	205,635	https://etherscan.io/tx/0xb70b6cfd500683ae4f5288bb2a5948fa4541f3c7f92c0e38f92459e55ff518f5
October 25th 2024	106,942	https://etherscan.io/tx/0x2723506c3e906f3f086d4dcf4cc73b0c71a2c7acca355e5bf5c315baee45f97e
November 1st 2024	Negative	N/A
November 8th 2024	350,423.39	https://etherscan.io/tx/0x6cce7bbc64edda2fda36e1ddf1b82ba4f0ac6cc19ffc9141c3c94f7fff17bfbb
November 15th 2024	Negative	N/A
November 22nd 2024	368,238.01	https://etherscan.io/token/0x8881562783028f5c1bcb985d2283d5e170d88888?a=0x7cd461119b41a3536748fc13586bb470108eab6e
November 29th 2024	298,080	https://etherscan.io/tx/0x8aaa49579d7cdfcedbcd7a3b9d7b1fab566d1f6483bdab4e1c87a3a494a021c2
December 6th 2024	Negative	N/A
December 13th 2024	Negative	N/A