For us, the most interesting feature is the flywheel mechanism - the buyback system.
Fees are used to buy back tokens from the open market and permanently burn them, creating deflationary pressure and passively rewarding all holders.
$flywheel
The first $flywheel coin on @printr
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Buyback & Burn
Remember watching a token with real momentum slowly die? The creator collected fees the whole time, and none of it came back.
With buybacks, custom fees go straight back into the token, bought from the open market and burned. Every trade reduces circulating supply automatically. The community buys. The fees buy and burn. Finally, everything is pushing in the same direction.
If you want to reward all token holders not just stakers, you can create buyback and burn tokens.
All the custom fees set by the creator is automatically used to buyback the token periodically and supply is burned, making price go up which creates a $flywheel!
On Printr we have different fee distribution mechanisms because we don't believe there's a one size fits all solution.
If you want to reward all token holders not just stakers, you can create buyback and burn tokens.
All the custom fees set by the creator is automatically used to buyback the token periodically and supply is burned, making price go up which creates a flywheel!
Check it out if you haven't launched a buyback token yet.
Getting a lot of questions on Printr buyback tokens.
Buyback amount: all custom fees, custom fee % is set by deployer
Buyback frequency: every other transaction through Printr UI. Using trading terminals won't trigger the buyback transaction.
The buybacks are automatic. Here's an example below.
So instead of being dumped on by a Mayhem bot, with Printr buyback tokens, the fees actually go back into buying your bags and rewarding all holders.
Getting a lot of questions on Printr buyback tokens.
Buyback amount: all custom fees, custom fee % is set by deployer
Buyback frequency: every other transaction through Printr UI. Using trading terminals won't trigger the buyback transaction.
The buybacks are automatic. Here's an example below.
So instead of being dumped on by a Mayhem bot, with Printr buyback tokens, the fees actually go back into buying your bags and rewarding all holders.