42069-1 Token
  • Welcome to $42069-1 Token
  • ERC42069 Protocol Overview
  • $42069-1 Tokenomics
  • Burning Mechanism
    • Auto burn
    • Burn Counter and Guaranteed Burn
    • LP Nuke Action
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  1. Burning Mechanism

LP Nuke Action

$42069-1 utilizes a process called an "LP nuke" to reduce the supply of tokens and increase their value. Here's how it works:

* Triggering an LP Nuke: When the liquidity pool (LP) holds more than 2629 tokens, an LP nuke will happen under one of two conditions:

* Time-Based: If 8 hours have passed since the last nuke.

* Sell Volume-Based: If 10,240 tokens have been sold since the last nuke.

* The Nuke Action: During an LP nuke, 10 tokens are removed from the LP pair and burned, reducing the total supply.

* Resetting the Cycle: After an LP nuke, the timers and sell volume counters are reset. This means the next nuke can happen either after 8 hours or when another 10,240 tokens have been sold, whichever comes first.

This regular burning of tokens ensures a consistent supply reduction, creating an upward pressure on the token price.

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Last updated 9 months ago