Automatic LP
Everyone deserves a stable footing
As mentioned previously, there is a 6% tax on each transaction, 2% gets added to the liquidity on PancakeSwap through the contract.
This liquidity becomes locked away and inaccessible, once again raising the price floor each and every time a transaction is made. We have a function providing two benefits for holders. The first piece of the contract acquires tokens from sellers and buyers equally adding them to the LP creating a solid price floor. The second piece acts as an arbitrage resistant mechanism securing the volume of $VOYR as a reward for the holders. The added LP will create a stability by adding the tax to the liquidity of the token, this increases the tokens overall LP supporting the price floor of the token.
As the token LP increases, the price stability mirrors this function with the benefit of a solid price floor and cushion for holders. The goal here is to prevent the larger dips when whales decide to sell their tokens later in the game, which keeps the price from fluctuating as much as if there was no automatic LP function. All of this is an effort to alleviate some of the troubles we have seen with the current DeFi reflection tokens. We are confident that this model and protocol will prevail over the outdated reflection tokens for these reasons"
Last modified 5mo ago
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