🔙1% Buyback

The $MMEW tokens collected through the buyback tax are swapped into BNB, which is then used to buyback $MMEW tokens.

It saves 1% of the taxed tokens from each transaction in the contract so that once a sell takes place, a portion of the buyback value is automatically used to purchase tokens back from the liquidity pool. These tokens are then immediately burned. This is configured in the contract to be triggered automatically on each sale, but it can also be configured to be used manually to boost the price of $MMEW.

What is the significance of this?

Purchased tokens can never be sold again since they are immediately burned, strengthening the price floor of $MMEW. A manual buyback also results in a large green candle and a price increase. This not only creates FOMO (fear of missing out), but it also generates interest in $MMEW.

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