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Auto Buy-back
This system was developed to stimulate price of Eros token, it buys Eros tokens with money from collected fees and then burns it. This system is fully automated and inserted in the smart contract of our token, in this way developers do not have any access to this system and the funds in it. Admins can't use or move these funds.
How does auto buy-back actually works?
The funds for this feature comes from two places - deposit fee(1%) and transaction fee(3%). All these fees are automatically converted into BNB. All funds are located in the smart contract of Eros token. When the amount of BNB in this contract reaches a certain amount - the system automatically buys tokens and then burns them.
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Last modified 4mo ago
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