Liquidus Finance
  • Liquidus Finance
  • Overview
    • 💡The Vision
    • ✨Our Features
    • 📜Litepaper
  • Liquidus Wallet App
    • 📲Download Now
    • 🔒Create & Import A Wallet or Account
      • How to create a wallet in Liquidus
      • Import an existing wallet with Liquidus
      • Adding a new account, importing or switching accounts
      • Change the account name or color
    • đŸ‘ŖWallet Basics
      • Receive tokens or find out your address
      • Send Tokens
      • Check your transaction history
      • The side menu and what to do there
        • Import a custom network
        • Import a custom token
    • 📈Track Your Holdings & Pools
      • Track the value of your crypto portfolio
      • Farm and pool details
    • 🔄Swap Tokens
      • Swapping tokens using the best exchange rates
      • Swap Settings
    • 🌊Manage Pools & Farms
      • Top Up a Farm or Pool
      • Check out the Liquidus Security Rating
      • Withdraw tokens from a farm or pool
      • Harvesting farms
    • 💰Find the highest interest-paying farms
    • â‰ī¸Have problems or need to get help?
  • Liquidus Farm
    • 👨‍🌾LIQ Yield Farming
    • 💰How To Start Farming
    • âžĄī¸Harvest & Withdraw
  • Technical Details
    • â„šī¸Wallet and Infrastructure Security Features
    • 🔐Wallet App Encryption & Security
    • â›“ī¸Smart Contracts
      • LIQ Token Contracts
      • Wallet App Contracts
        • KyberSwapLIQ.sol
        • LiquidusAutoLP.sol
        • LiquidusBoost.sol
        • LiquidusFeeEstimation.sol
      • Single Token Farm Contracts
      • Liquidity Pool Farm Contracts
      • Liquidus NFT Contracts
    • đŸ›Ąī¸Audits
    • 🐞Bug Bounty
  • LIQ TOKEN
    • 💧The Liquidus LIQ Token
    • đŸ”ĨBuyback & Burning Mechanism
    • đŸĨ‡Premium Tiers
  • About Liquidus
    • 🧑‍🤝‍🧑Community
    • đŸĸThe Liquidus Company
    • 📩Liquidus Insider
    • đŸ›ī¸Legal
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  • Standard Transaction Fees Buyback & Burn
  • Insurance Premium Payments
  • LIQ Buyback & Burning Diagram
  1. LIQ TOKEN

Buyback & Burning Mechanism

There are several mechanisms in place to collect fees from users that will enable Liquidus to buy LIQ tokens on the open market and burn them. This will reduce the total LIQ supply over time, thus increasing the value of one LIQ token steadily.

Standard Transaction Fees Buyback & Burn

50% of the standard transaction fees collected will go towards buying the LIQ token and sending them to the burn wallet. All fees collected from Liquidus DeIndex Fund (between 1% and 5% on all profits depending on the user's premium tier) will go towards buying the LIQ token and sending them to the burn wallet.

If LIQ tokens get collected as part of the fees, 100% of the LIQ tokens will be burned.

Transaction Type - Fee Charge Table

Type of Transaction
Fee Charge

Send tokens to other accounts

None

Receive tokens in your wallet

None

Swap tokens using the swap aggregator contract (finds the best rates on the market)

Tier Fee & 0.1% Standard Fee

Top up a farm/liquidity pool via our one-click contract

Tier Fee & 0.1% Standard Fee

Withdraw from a farm/liquidity pool via our one-click contract

Tier Fee & 0.1% Standard Fee

Harvest from farms and keep reward tokens

None

Harvest from farms and reinvest into existing farms via our one-click contract

Tier Fee & 0.1% Standard Fee

Move tokens to a higher APR-paying farm via our one-click contract

Tier Fee & 0.05% Standard Fee

Insurance Premium Payments

25% of the insurance premium will be converted into LIQ tokens and kept in the insurance fund wallet. This mechanism creates constant buy pressure on the LIQ token when users get their assets insured.

LIQ Buyback & Burning Diagram

PreviousThe Liquidus LIQ TokenNextPremium Tiers

Last updated 2 years ago

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