Ledger
Buybacks and burns
The pad's 10% of every root fee and 5% of every child fee buys $LOFO and burns it, every 5 minutes.
$LOFOCA:soon
- Tokens burned
- 0$LOFO
- bought on the open market, then destroyed
- SOL spent on buybacks
- 0.0000SOL
- the pad's share of every fee
- Burns
- 0
- the pad checks every 5 minutes
- Waiting for the next buyback
- 0.0000SOL
- a buyback runs from 0.01 SOL
Every buy and every burn
No burns yet.
The pad's share of every fee is accruing and is held until $LOFO is live. Then it buys the token on the open market and burns everything it bought.