The new token burns

🔥 Update: NEW Token Burn Strategy & Treasury Development check it out over at r/thenewsbruh

Hey everyone! We’ve made some important updates to our financial strategy as we launch NEW. Previously, 10% of our income was allocated to BRUH token buybacks—but we’re now pivoting toward building a robust treasury to support NEW’s long-term growth. Here’s how it breaks down:

💸 Income Allocation Breakdown

🔁 NEW Buybacks (15%)

5% for burning NEW: Permanently removed from circulation.

10% recycled: supports weekly airdrops and reserves to reward community engagement.

🎨 NFT Buybacks (10%)

Focused on V2 edition NFTs.

LP backers get priority—a thank-you for their support.

🏦 Treasury Portfolio (75%)

Long-term asset accumulation to back NEW.

First milestone: Allocate 0.2 ETH to the treasury’s LP position.

Asset selection will be led by LP role holders and the management team

🔥 Burn Strategy

NEW Burn Rate:

5% of income.

Bruh Burn Rate:

Burning 1 million BRUH tokens per week for the next 3 months.

Burn rate will be reviewed quarterly.

Current Burn Totals:

10 million NEW tokens burned.

100 million BRUH tokens burned.

500 V2 edition 1 NFTs burned

🧠 Operational Notes

Project Wallets:

Will actively buy and sell assets to meet overall treasury and burn objectives.