Hey everyone, we're sharing an interesting case study about a project recently listed on Bidask — $STST. It's a clear example of an unconventional approach to managing token supply and supporting price with minimal impact on the order book.
Key moments:
In the first 24 hours after listing, ≈ 7.5% of the $STST supply was burned.
The mechanic had a dual effect:
Fee Burning — collected trading fees were converted and destroyed.
Liquidity Removal + Buyback — since the token launched simultaneously on a classic DEX (DeDust) and on Bidask (with concentrated liquidity), arbitrage leveled out the prices, while we maintained a wide lower liquidity range on Bidask. This allowed tokens to be removed from the lower range (which the price is unlikely to return to) without putting pressure on the current order book; the removed tokens were used for a buyback (the Sticker strategy) and burned after a flip operation.
As a result, there were two parallel sources of burning — fees + buybacks from removed liquidity — without direct sell-offs on the active market
Why this is important:
Less pressure on the order book — avoiding direct dump operations.
Maximum transparency — all transactions and burns are verifiable on the blockchain.
Reducing the circulating supply and directing realized value into buybacks supports the long-term interests of holders.
What's next:
The $STST team and its partners (including Sticker projects) plan to develop the sticker market and accelerate buybacks as fees and liquidity income accumulate.
The approach will be conservative and transparency-oriented: removal will only occur when it doesn't harm market integrity, and burns will be performed publicly and verifiably.
As a DEX, we are happy to see experimental and transparent mechanics — and we are watching the development of $STST with interest. All related on-chain operations are open, and you can verify them in an explorer.
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