Auto Buybacks
Flaunch introduces a new Uniswap V4 hook called the "Progressive Bid Wall" (PBW) that uses the trading fees generated by the coin to protect its own price from dropping.
Whatever the dev doesn't take in fees goes to the PBW
A new PBW is created for every 0.1 ETH of trading fees it receives. This places a 0.1 ETH limit order immediately below spot, reducing the impact of any selling.
If the price continues moving upwards, the PBW follows with more and more ETH being added to its size as each 0.1 ETH threshold is met.
Turning off Progressive Bid Walls
In a future release, devs will be able to turn off the PBW and begin using the ETH in other ways to expand the financial and cultural value of the meme. Watch this space.
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