Last reminders. For buyback and burn to work here is things that have to be met.
- $1 in fees (about $33 in volume) have to be pending to be collected.
- thesis post on fomo
- buys back and burns shortly after (10-20s)
Okay I cant stop shipping there was a small bug with amount of theses being detected on fomo, but its fixed now.
POST A THESIS ON FOMO OR ELSE IT WILL NOT BUY and BURN, SIMPLE AS THAT.
THE TECH HAS BEEN PERFECTED.
We've now made it linked to theses numbers coming from fomo and its faster if you'd like to test, stop posting for a minute or two and post then you will see it buy back whatever it has made in fees, the tech keeps on improving and we keep on burning.
Okay, so a massive update here and some honesty.
Our old system was only checking theses once every 60 seconds, and would have to hit a 0.02E minimum buy due to slow RPC and update mechanism but we've since upgraded.
Our minimum buy is now $1 per buy, and can land way faster now. It has already started and you will be seeing smaller buys but it will happen more often.
Okay, so a massive update here and some honesty.
Our old system was only checking theses once every 60 seconds, and would have to hit a 0.02E minimum buy due to slow RPC and update mechanism but we've since upgraded.
Our minimum buy is now $1 per buy, and can land way faster now. It has already started and you will be seeing smaller buys but it will happen more often.
We'll be upgrading our RPC using ecosystem funds to make sure we don't have any issues and can support faster buybacks and burns, big update coming soon about that right after everything is implemented.
this is the last post that you will see about fomoegg from this account since we have surpassed them will just continue improving and focusing on our product.
keep on burning
a big fomo wallet and buyer would be great to get in but they are busy buying scam projects like fomoegg that pocket 70% of traders fees, but I believe by burning and buying back more supply we will gain the spotlight soon.
Keep on burning.
First, lets flip percentage burnt, we are almost there then next up will be market cap. Simply the better project, with better mechanism.
Here are the current stats for both projects, a clear winner is formed.
Updated our main page to reflect the stats better, as we continue the frontend will improve and we'll continue to make the better product as we go forward.