Unique Double Burn Mechanics
So, we'd like to describe our idea. Specifically, how we were able to burn 7.5% of the $STST supply in the first 24 hours after launch. And most importantly, our plan for further project push 📈
As you may have noticed, we launched simultaneously on two DEXs: classic degen DeDust and the concentrated liquidity DEX - Bidask. Due to arbitrage, the price on the two DEXs is leveled out, but we've allowed for a wide range for token growth on Bidask, thereby controlling the liquidity range. Knowing that we've received a sufficient amount of $STST fees, we can extract some liquidity from the lower range on Bidask (the price won't return to that low) and burn the fee tokens, without creating any pressure on the order book. The tokens received from liquidity are proportional to the tokens burned and are immediately used to Stickers buy back . After the flip, $STST will be bought and burned. Again 🎧
This double-burn mechanic removes pressure on the order book from the Sticker Strategy, halves the token supply, and moves Bidask's liquidity range to ensure the token price always rises.
You can track these transactions on the blockchain: everything is open, and the team continues to work. We're hoping for rapid growth in the Sticker market so we can quickly buy back and burn $STST. And, to be honest, we're already working with some Sticker teams 💻
The chart looks sexy, so it's up to you to decide whether to join the Sticker Strategy and get your profits or pass by and regret it later.
👉 Buy $STST on Dedust
👉 Buy $STST on Bidask
P.S. More news and activities incoming. Stay tuned, fam 🚀
@stickstrategy
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