Dear Community,

This is the last story on our Medium Blog — We want to thank all of you for your participation, support and criticism during this journey. We have always enjoyed being a part of this community and we are grateful for all the people we met along the way.

WavesGo is history, but Waves is stronger than ever

Since announcing the buyback in 2017, we have burned more than 37% of the total WGO supply. With the last burn, we have also decided to burn our personal stakes in WGO.

It has been an honor. Farewell

KarlKarlsson & kimbimlim


Dear Community,

With mixed feelings we are announcing the privatization of WavesGo, effective January 1st, 2021.

This marks the end of an era: WavesGo was the very first leasing pool launched on the Waves blockchain, back in April 2017. Hell, you could not even lease through the Waves wallet and still WavesGo made it work.

A couple months later, WavesGo was heavily participating in testing and giving feedback on Waves-NG, the one-of-a-kind consensus algorithm, courtesy of the Waves Platform. The feature was successfully activated on MainNet shortly after, cementing Waves’ position at the forefront of innovation in the crypto scene.


TL,DR:
Starting from October 2017, 50% of all net profits generated by WavesGo are being used to buy back & burn WGO tokens. This means that literally 50 cent of every single dollar of profit earned by all our current and future revenue streams flows back into the WGO market.”

Numbers & Figures Buyback & Burn July 2020

Size of Buyback: 1245.5 WAVES

WGO purchased & burned: 45'716 WGO

Average price: 0.0189 WAVES

Burn TX: https://wavesexplorer.com/tx/DWnPKL8haf9jDuWHjR3ebwfsLrvMQV6Yup2aDWzgoT5S

Numbers & Figures Buyback & Burn August 2020

Size of Buyback: 651 WAVES

WGO purchased & burned: 54'379 WGO

Average price: 0.01197 WAVES

Burn…


TL,DR:
Starting from October 2017, 50% of all net profits generated by WavesGo are being used to buy back & burn WGO tokens. This means that literally 50 cent of every single dollar of profit earned by all our current and future revenue streams flows back into the WGO market.”

Numbers & Figures Buyback & Burn May 2020

Size of Buyback: 1245.5 WAVES

WGO purchased & burned: 45'716 WGO

Average price: 0.02723 WAVES

Burn TX: https://wavesexplorer.com/tx/CXAjoShK3e8HYh58GHpC5BJahQdBxbqaP4LzmthpwBf4

Numbers & Figures Buyback & Burn June 2020

Size of Buyback: 575 WAVES

WGO purchased & burned: 51'960 WGO

Average price: 0.01106 WAVES

Burn…


Dear WavesGo Community,

With April’s buyback we’ve hit another major milestone: We’ve now burned more than 30% of the total supply :) Currently the total supply stands at roughly 6.9 million, down more than 3 million since the start of our buyback program in October 2017 !

Now to our buyback:

TL,DR:
Starting from October 2017, 50% of all net profits generated by WavesGo are being used to buy back & burn WGO tokens. …


Dear WavesGo community,

We apologize for the delayed report regarding the January 2020 Burn, needless to say the Buyback & Burn happened (but don’t trust us, check the below TXID ;)).

Now to our buyback:

TL,DR:
Starting from October 2017, 50% of all net profits generated by WavesGo are being used to buy back & burn WGO tokens. This means that literally 50 cent of every single dollar of profit earned by all our current and future revenue streams flows back into the WGO market.”

Numbers & Figures Buyback & Burn January 2020

Size of Buyback: 2590.75 WAVES

WGO purchased…


Dear WavesGo community,

We wish you a happy new year from the whole WavesGo Team! We don’t want to bore you with a lengthy summary of 2019, so we are keeping it short:

The cat is out of the bag; bitcoin & other digital assets are here and will change the world. The last decade saw the renaissance of decentralization, now it’s up to all of us to make it work.

Change of Distribution

Thanks to the activation of Feature 14 leasing rewards have increased substantially. In order to put the focus on WAVES as native reward of the Waves Platform, we have…


Dear WavesGo community,

Tokenomica, BetterToken, Neutrino, DappOcean — it’s hard to keep track of all the websites, projects and startups in the Waves world. Luckily, the Waves Team published a handy overview of all the stuff going on in the Waves ecosystem.

Now to our buyback:

TL,DR:
Starting from October 2017, 50% of all net profits generated by WavesGo are being used to buy back & burn WGO tokens. This means that literally 50 cent of every single dollar of profit earned by all our current and future revenue streams flows back into the WGO market. …


*burn*

Dear WavesGo community,

Roughly three weeks ago, WEP 14 got activated and the community is now able to define the issuance schedule of the Waves Blockchain. Currently the reward is 6 Waves per block, which increased staking rewards immensely, in the case of WavesGo between 6–8 times. While a profitability increase was definitely needed, we have to see how this will influence the Waves price in the future.

Now to our buyback:

TL,DR: “Starting from October 2017, 50% of all net profits generated by WavesGo are being used to buy back & burn WGO tokens. This means that literally 50…


Dear WavesGo community,

WEP 14 has been approved and will be activated tonight at block 1740000. While we were torn between keeping the WAVES supply fixed and increasing profitability, we ultimately decided to support the proposal (see more info here). Let’s see how this work out!

Now to our buyback:

TL,DR: “Starting from October 2017, 50% of all net profits generated by WavesGo are being used to buy back & burn WGO tokens. This means that literally 50 cent of every single dollar of profit earned by all our current and future revenue streams flows back into the WGO market…

WavesGo

Making blockchain accessible to the masses.

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