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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.
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.
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 |
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.
Last modified 5mo ago