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Xiao Longwei
  • XLW Overview
    • 👋Bringing Squeezenomics to Avax
    • 🔗Socials and Links
  • OUR TOKEN
    • 🔺Overview
    • 📊Tokenomics
    • 💰Swap Back settings
    • 🔥Burn Mechanism
      • ❓How can i see burn information?
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  1. OUR TOKEN

Swap Back settings

The swap back settings on the contract are as follows:

Attribute
Value

Threshold

500,000

LP

33%

Marketing Wallet

66%

Swap Back Mechanism in Smart Contracts

A swap back mechanism in a smart contract is a feature that allows the contract to automatically exchange, or "swap," one type of cryptocurrency for another once certain criteria are met. This is often used to manage liquidity, ensure price stability, or redistribute tokens for project needs like marketing or development.

When predefined conditions such as a threshold amount of tokens accumulated are reached, the contract initiates a swap transaction. For example, in the given settings, when 500,000 tokens are collected, the contract would swap 33% for LP (Liquidity Pool) tokens and allocate 66% to the Marketing Wallet. This process is usually performed without direct user intervention, enhancing efficiency and maintaining the token's intended economic mechanisms.

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Last updated 1 year ago

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