Multilevel Burning Mechanism

Our burning infrastructure is a combination of the best burning strategies currently available. We are not the inventors but we know very well how to use them. We want to do it the right way so the value of our token keeps on growing.

Buyback Burning Mechanism

• 4% deposit fee will be charged at staking and farming (excluding native farms)

• 75% of the deposit fee (4%) will be allocated to buyback POOPs and burnt.

• 25% of the deposit fee (4%) will be allocated as a dev & emergency fund.

• Buyback & burn with the 5% of total deposit fee everyday

• 30% of the lottery pot will be burned.

• More games burning even more tokens coming soon.

Transfer Tax Burning Mechanism

Comparing to other Farms our transaction tax is significantly lower. This is to compensate lack of referral program but also to fight the inflation in every possible way.

• Every transaction (send, swap, farming, etc.) of POOP will be charged a 0.5% transfer tax.

• 0.5% transfer tax will be burned directly in every transaction.

• Use 2.5%+ slippage to buy POOP on PCS or other AMM. Less than 2% slippage may cause the transaction to fail.

Transparent Buyback

Many other Yield Farms will try to fool you by burning tokens without a buyback. This doesn't make any sense and might be considered a scam. Let me explain you why.

Let's say, there is 50 BUSD tokens and 50 BNB tokens in the pool. Value of 1BNB is now 1BUSD.

When someone sells 10BNB for 10BUSD it leaves 40BUSD and 60BNB in the pool. the value of 1BNB is now 40/60 which is around 0.67BUSD, lower than the starting price.

When tokens are burned outside of the liquidity pool it doesn't change the price at all, it's just a trick that other farms use to make you invest your money. Those tokens are usually minted by the admin or farmed before the app is released to public. They appear to have a value but in fact they don't. We have noticed that this is a very popular practice and we will call them out if we notice something like that.

So what would happen if tokens are bought back and burned?

If someone buys 20BNB for 13.4BUSD it would mean that there is 40BNB and 53.4BUSD in the pool so the price of 1BNB is now roughly 1.3BUSD. Now you may think - what if someone sells those tokens again. This is where Burn comes into play. Tokens which are bought from the pull are burned so they cannot be sold again.